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BPM Minerals Limited (ASX:BPM)

ALERT: Price-sensitive ASX Announcement for BPM
Current share price for BPM : $0.150 -0.02 (-11.76%)+
Announcement
Release
22 Jun 2026 8:14AM
Price at Release
$0.170
Full Release
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Summary
BPM Minerals Limited has reported significant gold mineralisation across multiple prospects within the Beachcomber area of the Foreland Gold Project, situated in the Eastern Goldfields of Western Australia. The company's recent reverse circulation (RC) drilling program, consisting of 46 holes totaling 7,426 meters, has resulted in the discovery of multiple mineralised lodes across the Beachcomber NW, Beachcomber Fault, and Beachcomber Central prospects. These findings validate the use of ultrafine fraction soil sampling as an effective exploration tool. Notable results include high-grade intercepts such as 15m at 1.40 g/t Au, 5m at 3.94 g/t Au, and 1m at 85.61 g/t Au. The Beachcomber prospect is emerging as a large gold system, prompting further exploration efforts, including a planned drill program at the Bonnie & Clyde target.
Key Points
  • Significant gold mineralisation discovered at Beachcomber Prospect.
  • Validation of ultrafine fraction soil sampling as a key exploration tool.
  • High-grade gold intercepts at Beachcomber North-West, Central, and Fault prospects.
  • Beachcomber emerging as a large gold system with multiple mineralised lodes.
  • Planned exploration update and drill program anticipated for Q3 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.