High-Grade gold intersected at Beachcomber

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Stock BPM Minerals Ltd (BPM.ASX)
Release Time 23 Jan 2026, 9:33 a.m.
Price Sensitive Yes
 High-Grade gold intersected at Beachcomber
Key Points
  • Key results include 9m @ 7.77 g/t Au, 6m @ 6.72 g/t Au, and 2m @ 12.33 g/t Au
  • Drilling defines a coherent, south-plunging high-grade ore shoot for future targeting
  • Assays from recent soil sampling expected soon, with follow-up drilling planned
Full Summary

BPM Minerals Ltd (ASX: BPM) is pleased to report the assay results from the 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 program has returned multiple high-grade gold intersections, including 9m @ 7.77 g/t Au from 75m, 6m @ 6.72 g/t Au from 28m, and 2m @ 12.33 g/t Au from 134m. Drilling has significantly advanced the geological understanding, defining a coherent, south-plunging high-grade ore shoot that remains open at depth and along strike. These results, combined with historical high-grade intercepts, confirm Beachcomber as a high-grade gold system. The Company is approved to commence a follow-up, high impact drill program this quarter targeting the newly defined shoot. Assay results from recent soil sampling at Sidecar, Ambrosia, Brass Monkey and Beachcomber extensions are imminent, with interpretation and follow-up drill targeting to be announced in coming weeks. The Company is also progressing permitting and approvals across the broader Forelands Project, including for the previously announced Bonnie & Clyde Prospect - a coherent ~6km gold-in-soil anomaly.

Outlook

The Company is approved to commence a follow-up, high impact drill program this quarter targeting the newly defined high-grade ore shoot at Beachcomber. Assay results from recent soil sampling are expected soon, which will help refine and prioritize follow-up targets at Beachcomber and across the broader project area ahead of the recommencement of RC drilling.