• Pre-Feasibility Study confirms Bullabulling as a high-margin, large-scale gold project with a post-tax NPV of A$2.3 billion and IRR of 43%.
• Mineral Resource Estimate increased by 38% to 6.2Moz Au, with 4.4Moz classified as Indicated.
• Early construction activities initiated, including a $59.1 million village construction contract expected to be operational in Q1 CY2027.
• Project area expanded to 1,160km² following acquisition of additional tenure.
• Strong financial position with ~$211 million in cash and deposits at 30 June 2026.

Minerals 260 Ltd has released its June 2026 Quarterly Activities and Cashflow Report, highlighting significant advancements at the Bullabulling Gold Project. The Pre-Feasibility Study (PFS) confirmed the project as a high-margin, large-scale, long-life gold operation with a post-tax NPV of A$2.3 billion and an IRR of 43%. The Mineral Resource Estimate (MRE) increased by 38% to 190Mt @ 1.0g/t Au for 6.2Moz Au, with 4.4Moz classified as Indicated. Early construction activities have commenced, including a $59.1 million fixed-price contract for a 400-person accommodation village expected to be operational in Q1 CY2027. The project area has expanded to 1,160km² following the acquisition of additional tenure. The company maintains a strong financial position with ~$211 million in cash and deposits at 30 June 2026.

Post-tax NPV of A$2.3 billion, IRR of 43%, average annual gold production of 150,000oz Au

The company is advancing towards a Final Investment Decision in Q1 CY2027 and aims for first gold production in Q4 CY2028.