Bullabulling Resource Increases to 6.2Moz
| Stock | Minerals 260 Ltd (MI6.ASX) |
|---|---|
| Release Time | 8 Jul 2026, 9:47 a.m. |
| Price Sensitive | Yes |
Bullabulling Resource Increases to 6.2Moz
- Bullabulling Mineral Resource Estimate (MRE) increases by 38% to 6.2Moz
- 4.4Moz (71%) of the MRE classified as Indicated
- Drilling confirms extensions of the MRE at depth and along strike
- Updated MRE provides a larger resource for optimization during DFS
- Exploration to continue targeting mineralisation at depth and along strike
Minerals 260 Ltd (ASX:MI6) has announced an updated Mineral Resource Estimate (MRE) for its Bullabulling Gold Project, located 25 km southwest of Coolgardie, Western Australia. The MRE has increased by 38% to 190 million tonnes at 1.0 g/t Au for 6.2 million ounces of gold, up from the previous estimate of 4.5 million ounces. Of the total MRE, 4.4 million ounces (71%) is classified as Indicated, a significant increase from the previous estimate. Drilling has confirmed extensions of the MRE at depth and along strike, with multiple high-grade intercepts. The updated MRE will be incorporated into a revised Ore Reserve estimate planned for Q1 CY2027. Exploration will continue to target mineralisation at depth and along strike, with regional exploration also planned across the 1,160 km2 of tenure controlled by Minerals 260.