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Bullabulling Gold Limited  -  BGL   

Holding(s) in Company

Released 10:05 17-May-2013

Holding(s) in Company

Bullabulling Gold Limited                           

17 May 2013                                        AIM Code: BGL, ASX Code: BAB

                             Holding(s) in Company                             

The Company has today received notification from Baker Steel Capital Managers
LLP that it holds 35,846,324 ordinary shares in the Company, representing
10.50% of the Company's voting rights, as enlarged by the recent rights issue.

A copy of the notification released by Baker Steel can be found on the
Company's website:

For information, contact:

Brett Lambert                 Westhouse Securities Limited                     
Bullabulling Gold Limited     (UK Broker & Nominated Adviser)                  
Level 2, 55 Carrington Street Martin Davison/Jonathan Haines                   
Nedlands, WA, 6009, Australia Tel: +44 20 7601 6100                            
Tel: +61 8 9386 4086                                                           
Neil Boom                     John Gardner / Rupert Dearden                    
Gresham PR Ltd (UK media)     MAGNUS Investor Relations. Corporate             
                              Communication. (Australian Media)                
Tel: +44 7866 805 108                                                          
                              Tel: +61 8 6160 4900                             

About Bullabulling Gold Limited

Bullabulling Gold Limited is listed on the Australian Securities Exchange (ASX:
BAB) and London's AIM Market (AIM:BGL) and has approximately 341.7 million
shares on issue. The Company's primary asset is the wholly owned Bullabulling
Gold Project, located near Coolgardie in Western Australia.

The Bullabulling Gold Project hosts JORC compliant Mineral Resources of 3.7
million ounces comprising Indicated Resources of 72.7 million tonnes at 0.97 g/
t gold (2.3 million ounces) and Inferred Resources of 35.7 million tonnes at
1.11 g/t gold (1.2 million ounces) at Bullabulling and Inferred Resources of
4.8 million tonnes at 1.15 g/t gold (0.2 million ounces) at Gibraltar.
Exploration has demonstrated strong potential for further expansion of the
resource base.

The Bullabulling deposit is amenable to bulk tonnage open pit mining and
conventional CIL processing. All resources are situated on granted Mining
Leases in close proximity to infrastructure.

The Company is conducting a definitive feasibility study into the development
of a large scale, low cost mining operation at Bullabulling, with first
production targeted for Q4 2015.



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Holding(s) in Company - RNS