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BPM Minerals Limited (ASX:BPM)

ALERT: Price-sensitive ASX Announcement for BPM
Current share price for BPM : $0.170 -0.055 (-24.44%)+
Announcement
Release
28 Apr 2026 8:14AM
Price at Release
$0.225
Full Release
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Summary
BPM Minerals Limited has announced an exploration update for its Bonnie & Clyde Prospect in Western Australia, part of the Forelands Gold Project. The update highlights the collection of 1,500 soil samples for assay, the completion of an airborne magnetic survey, and a heritage survey with the Upurli Upurli Nguratja Aboriginal Corporation. The company has received a co-funded geophysics grant for an induced polarisation survey under WA's Exploration Incentive Scheme. The geological interpretations suggest that the project has the potential to host a major gold deposit, aligning with historical geochemical anomalies. A Program of Work has been approved, and maiden RC drilling is anticipated to commence in Q3 2026.
Key Points
  • BPM Minerals Limited has provided an update on the Bonnie & Clyde Prospect.
  • 1,500 soil samples collected for assay at a 50x50m grid.
  • Completion of a detailed airborne magnetic survey to aid geological interpretation.
  • Execution of a heritage survey with Upurli Upurli Nguratja Aboriginal Corporation.
  • Received a co-funded geophysics grant from WA's EIS for an IP survey.
  • Maiden RC drilling at Bonnie & Clyde scheduled for Q3 2026.
  • Potential for the project to host a major gold deposit based on geological interpretations.
  • Heritage Agreement executed and PoW approved for drilling activities.
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.