BUZZ-Australia's Bubalus Resources jumps on option to buy gold projects

** Shares of Bubalus Resources BUS.AX rise as much as 18.2% to A$0.130, their highest since Nov. 5 ** Stock hits posts its biggest intraday gain since Nov. 5 ** Diversified explorer says it was granted option to acquire gold projects in Victoria ** Says work to date indicates significant potential for gold mineralisation at projects ** About 265,000 shares change hands, compared with the 30-day average volume of around 35,000 ** Stock trims YTD losses to 21.2%, including session's move (Reporting by Aaditya Govind Rao in Bengaluru) (([email protected];))