Minerals 260 (ASX: MI6)

Reported assay results from the first 19 holes (3,826m) completed as part of its maiden drilling program at the 100%-owned Bullabulling Gold Project in Western Australia.

The highlight was 62m @ 1.1g/t Au from 158m in BBRC0015.

 

 

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	Minerals 360	ASX: MI6
	Stage	Exploration, development
	Metals	Gold
	Market cap	A$258m   @  A$0.12c
	Location	Western Australia
	Website	www.minerals260.com.au

 

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Minerals 260 Bullabulling Gold Project Drilling Results

 

Minerals 260 Limited (“Minerals 260” or the “Company”) (ASX: MI6) is pleased to report assay results from the first 19 holes (3,826m) completed as part of its maiden drilling program at the 100%-owned Bullabulling Gold Project (“Project”) in Western Australia.

The Project hosts a JORC 2012 Mineral Resource Estimate (“Mineral Resource” or “MRE”) of 60Mt @ 1.2g/t Au for 2.3Moz of gold (Indicated and Inferred, refer to Table
1 for further details).

An updated Mineral Resource Estimate, which will underpin mining studies, is planned to be released in December 2025.

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Highlights

• Assay results received from the first 19 holes at the Pheonix deposit from Minerals 260’s maiden drilling
campaign at the 2.3Moz Bullabulling Gold Project, including:
 62m @ 1.1g/t Au from 158m in BBRC0015, including:
 1m @4.5g/t Au from 160m
 1m @ 6.6g/t Au from 170m and
 1m @ 23.9g/t Au from 191m
 35m @ 1.3g/t Au from 143m in BBRC0001, including:
 1m @ 5.6g/t Au from 150m; and
 1m @ 22.5g/t Au from 170m
 17m @ 1.1g/t Au from 205m in BBRC0001, including:
 17m @ 1.0g/t Au from 246m in BBRC0003, including:
 19m @ 1.0g/t Au from 273m in BBRC0009, including:

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To read the full news release please click HERE

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.To View Minerlas 260’s historical news, please click here

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The live gold price can be found HERE

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Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

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Disclosure

At the time of writing the author holds shares in Minerals 260

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