• Soil sampling completed with assays pending
• Airborne magnetic survey completed
• Heritage survey completed, allowing for RC drilling
• EIS co-funded geophysics grant awarded for IP survey
• Maiden RC drilling planned for Q3 2026

BPM Minerals Ltd (ASX: BPM) is pleased to provide a progress update for the Bonnie & Clyde Prospect, part of the Forelands Gold Project in Western Australia. Key activities include: Soil Sampling - Approximately 1,500 soil samples were collected and are being assayed, which will provide defined targets for RC drill testing. Airborne Magnetic Survey - A detailed, 30m line-spaced, airborne magnetic survey was recently completed, which will assist with geological and structural interpretations. Heritage Survey - A recently completed heritage survey with the Upurli Upurli Nguratja Aboriginal Corporation allows for RC drilling to proceed. EIS Co-funded Geophysics Grant - BPM was awarded a co-funded geophysics grant for an Induced Polarisation (IP) survey, which will help identify zones of disseminated sulphides indicative of gold mineralization. Maiden RC Drilling - Bonnie & Clyde remains on track for maiden drill testing in Q3 2026. The company anticipates receiving the necessary approvals in the coming months. The Bonnie & Clyde Prospect is an untested, ~6km long gold-in-soil anomaly associated with the Yellow Dam Shear Zone, with the potential to host a major gold deposit similar to the nearby Tropicana gold mine.

BPM Minerals is making rapid progress at the Bonnie & Clyde Prospect, with soil sampling, airborne magnetic survey, and heritage survey all now completed. The company looks forward to receiving the soil sampling assays and the heritage survey report, which will allow for the much-anticipated maiden RC drilling program at Bonnie & Clyde in Q3 2026.