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BPM Minerals Limited (ASX:BPM)

ALERT: Price-sensitive ASX Announcement for BPM
Current share price for BPM : $0.140 -0.1 (-41.67%)+
Announcement
Release
30 Apr 2026 8:01AM
Price at Release
$0.240
Full Release
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Summary
BPM Minerals Limited has completed a Reverse Circulation (RC) drilling program at the high-grade Beachcomber Prospect, part of the Forelands Gold Project in Western Australia. The program comprised 7,426 meters across 46 holes, targeting several high-grade gold-bearing quartz veins and soil anomalies. Significant assay results include notable gold intercepts such as 9.7 meters at 4.5 g/t Au from 88.8 meters and 6 meters at 6.72 g/t Au from 28 meters. The company has encountered challenges such as diesel shortages and cyclones but completed the drilling on schedule and within budget. Assay results from the drilling are expected to be reported by the end of May or early June 2026. The company has also received a co-funded drilling grant from the Western Australian government's Exploration Incentive Scheme for further exploration at Beachcomber in the latter half of 2026.
Key Points
  • 7,426m, 46-hole RC drill program completed at Beachcomber Prospect.
  • Significant gold intercepts include 9.7m @ 4.5 g/t Au and 6m @ 6.72 g/t Au.
  • Challenges included diesel shortages and cyclones.
  • Assay results expected by late May/early June 2026.
  • Co-funded drilling grant received for further exploration in the second half of 2026.
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.