Drilling Complete at Beachcomber - Forelands Gold Project

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Stock BPM Minerals Ltd (BPM.ASX)
Release Time 22 Dec 2025, 8:23 a.m.
Price Sensitive Yes
 Drilling Complete at Beachcomber - Forelands Gold Project
Key Points
  • 3,180m, 24-hole RC drill program complete at the high-grade Beachcomber Prospect
  • Beachcomber is a high-grade gold-bearing quartz lode, open in all directions
  • 1,742 soil samples collected at the Sidecar, Ambrosia, Brass-Monkey and Beachcomber Prospects
  • Assay results from the RC drilling and soil sampling programs expected in early 2026
Full Summary

BPM Minerals Ltd (ASX: BPM) has completed its maiden reverse circulation (RC) drilling program at the high-grade Beachcomber Prospect, part of the Forelands Gold Project in Western Australia. The 3,180m, 24-hole drill program was designed to test the extent of the high-grade gold mineralization at Beachcomber, which has historical intercepts of up to 65.8 g/t gold. In addition to the drilling, the company has also collected 1,742 soil samples across the Sidecar, Ambrosia, Brass-Monkey and Beachcomber Prospects, with the aim of defining additional drill targets for testing in 2026. The company is now awaiting the assay results from both the drilling and soil sampling programs, which are expected to be released in early 2026. Upon receipt of the assay results, the company is approved to recommence exploration activities at the Forelands Project, including further drilling at the high-grade Beachcomber Prospect. The Forelands Gold Project is a district-scale, 630 km² land package situated along the Yilgarn Craton-Albany Fraser Orogen margin, an analogous tectonic setting to the +8 Moz Tropicana gold deposit. The project has a strong pipeline of exploration targets, with numerous historical high-grade intercepts and untested soil anomalies. The project is strategically located approximately 150 km east of Kalgoorlie, with excellent access and proximity to multiple operating and proposed mills, providing potential commercialization opportunities.

Outlook

The company is eagerly awaiting the assay results from the recently completed RC drilling and soil sampling programs at the Forelands Gold Project, which are expected in early 2026. Upon receipt of the results, the company is approved to recommence exploration activities, including further drilling at the high-grade Beachcomber Prospect. The company is confident that the drilling has intersected the high-grade Beachcomber vein in the majority of drill holes and is looking forward to outlining the footprint of a significant high-grade gold deposit with potential for growth.