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Bastion Minerals Limited (ASX:BMO)

ALERT: Price-sensitive ASX Announcement for BMO
Current share price for BMO : $0.051 0.05 (3,300%)+
Announcement
Release
1 Dec 2025 8:25AM
Price at Release
$0.002
Full Release
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Summary
Bastion Minerals Ltd (ASX: BMO) announced an exploration update for its Ninnis Gold Project located in the Northern Goldfields, Western Australia. The project is in an underexplored area with potential for significant gold deposits, and is situated in a region known for its world-class gold mining operations. The Ninnis Gold Project covers 25 square kilometers and is positioned near the Mount Morgans Gold Mining Centre. A maiden auger geochemistry program is planned, with applications for approximately 1,200 auger drill holes underway, aiming to initially complete at least 1,000 holes. Bastion has appointed a drilling contractor, and mobilization is expected once approvals are obtained. The project shows substantial promise due to identified gold-in-soil anomalies and historical exploration results. Bastion is focused on advancing this project to a comprehensive drilling campaign to explore its full potential.
Key Points
  • Bastion Minerals Ltd is progressing with exploration at the Ninnis Gold Project.
  • The project is located in the Northern Goldfields, Western Australia, a notable gold mining region.
  • Ninnis Gold Project covers 25 square kilometers near the Mount Morgans Gold Mining Centre.
  • A maiden auger geochemistry program is planned with around 1,200 drill holes targeted.
  • Drill contractor appointed and mobilization pending necessary approvals.
  • Historical data and newly identified anomalies indicate significant potential.
  • Exploration aims to proceed from auger drilling to a complete drilling program.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.