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Minerals 260 Limited (ASX:MI6)
ALERT: Price-sensitive ASX Announcement for MI6
Current share price for MI6 : $0.870 0.11 (14.47%)+
Announcement
Release
8 Jul 2026 9:47AM
Price at Release
$0.760
Full Release
Summary
Minerals 260 Limited announced a significant update to the Mineral Resource Estimate (MRE) for the Bullabulling Gold Project in Western Australia, noting a 38% increase to 190Mt at 1.0g/t Au for 6.2Moz, an increase of 1.7Moz from the previous estimate. This development establishes Bullabulling as a leading gold development project in Australia. The update follows extensive drilling efforts, with 4.4Moz now classified as Indicated resources. The company plans to continue exploration and target further resource growth, with operations bolstered by advanced feasibility studies and ongoing construction activities.
Key Points
- Bullabulling Mineral Resource Estimate increased to 6.2Moz.
- Increased resource confidence with 4.4Moz classified as Indicated.
- Extensive drilling with 170,000m completed by Minerals 260.
- Definitive Feasibility Study commenced, targeting updated Ore Reserve by Q1 CY2027.
- Bullabulling is a premier gold development project in Australia.
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.
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