Mining Review 21st September 2025

Equinox Gold celebrated the pouring of the first gold at their newly completed Valentine gold mine in Newfoundland.

Minerals 260 reported high grade drill intercepts and new targets.

 

 

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City Investors Circle Mining Review 21st September 2025

 

Mining Review 21st September 2025

Equinox Gold celebrated the pouring of the first gold at their newly completed Valentine gold mine in Newfoundland. This has given the shares a small boost, after the recent 41% increase during the last month.

Equinox is now in a position to exploit a gold price it could never have imagined during the contruction of their recent new mines, and therefore one hopes that they will focus on debt repayment whist the sun is still shining on the gold price.

Minerals 260 reported high grade drill intercepts and new targets. The share price has also moved strongly during the last month, up 70.83%. The presense of veteran Australian mining entrepreneur Tim Goyder on the management team ensures investor focus and a degree of confidence here.

 

Orla Mining shares took a 5% hit after Newmont anounced they had divested 43 million shares in the company, closely following Agnico Eagle’s announcement that they had sold their entire Orla holding of 38 million shares.

The share price has fallen from a recent high of C$17.60 to C$14.44, so I’m considering whether this might represent an opportunity after the market has absorbed this huge volume of selling within ten days.

 

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Archives

 

 

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We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

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.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

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Minerals 260 (ASX: MI6)

Further results from its drilling program at the Bullabulling Gold Project, located in Western Australia, have continued to strongly support the potential to expand the current 2.3Moz Mineral Resource Estimate.

 

 

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	Minerals 360	ASX: MI6
	Stage	Exploration, development
	Metals	Gold
	Market cap	A$354m   @  A$0.16.5c
	Location	Western Australia
	Website	www.minerals260.com.au

 

 

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Minerals 260 Report High-grade intercepts and new targets support increasing Bullabulling drill program from 80,000m to 110,000m

 

Minerals 260 Limited (ASX:MI6) is pleased to advise that further results from its drilling program at the Bullabulling Gold Project, located 25km west of Coolgardie in Western Australia, have continued to strongly support the potential to expand the current 2.3Moz Mineral Resource Estimate (MRE).

New assays include 10.2m @ 18.5g/t Au, including 2.8m @ 63.7g/t Au and 0.2m @ 629g/t Au, and 19m @ 4.7g/t Au, including 1m @ 75.4g/t Au

 

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Highlights

Assays have been received for a further 112 drill holes totalling 23,424m, including:
Bacchus Deposit (current resource 22Mt @ 1.3g/t Au for 890koz Au)
Infill
• 10.2m @ 18.5g/t Au from 236.2m in BBDD0021#
, including:
 2.8m @ 63.7g/t Au from 241.8m
 0.2m @ 629g/t Au from 244.1m (visible gold)
• 15m @ 4.5g/t Au from 127.8m in BBDD0015*

 

 

Management Comment

Minerals 260 Managing Director, Luke McFadyen, said:

 

“These are excellent results and include some of the highest gram x metre intercepts in the history of the Bullabulling Gold Project.

 

“Infill drilling continues to deliver consistently strong results that reinforce the robustness of the deposit with higher grades frequently intercepted at depth outside of the current MRE pit shell.

 

“The multiple intersections of very high-grade mineralisation, including visible gold on several occasions, is exciting and extensions will be targeted in our expanded drilling program.

 

“The Board’s decision to approve an additional 30,000m of drilling highlights the confidence and excitement we have about the potential for the Bullabulling Gold Project.”

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To read the full news release please click HERE

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

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The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

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.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

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

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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

.

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

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.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

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

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Minerals 260 (ASX: MI6)

Following a review of the company we are initiating coverage of Minerals 360, an ASX listed exploration and development company advancing the Bullabing Gold Project, one of Australia’s largest undeveloped gold projects.

 

 

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	Minerals 260	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 – Initiating coverage

 

City Investors Circle in initiating coverage of Minerals 360, a gold exploration and development company based in Western Australia.

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The company’s principal project is the 2.3 m Oz Bullabing Gold Project.

 

MI6 is run by Tim Goyder, previously of Chalice Resources fame, and Chairman of Lionstown Resources.

 

Tim is backed by an experienced team who have experienced success and created shareholder value with previous companies.

 

Minerals 260 is financed for an 80,000+ drill program dusing 2025 that has just commenced. This is going to generate regular newsflow, which if succesful is likely to result in a high level of investor interest and a rising share price.

 

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A recent Minerals 260 presentations can be viewed HERE

The company website can be viewed HERE

 

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To View Minerals 260’s’ historical news, please click here

.

The live gold price can be found HERE

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

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.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds no shares in Minerals 260

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