Bubalus Resources (ASX:BUS) contracted a diamond drilling rig for a maiden drill program at its Crosbie North gold-antimony project in Victoria, and the rig is set to mobilize to the site next week, according to a Friday Australian bourse filing.
The 1,000-meter program will test high-priority geophysical and geochemical targets, and it will consist of up to seven diamond drill holes.
The firm's shares jumped 8% in recent trading on Friday.