Minerals 260 (ASX:MI6) has intersected shallow, ‘high-grade’ gold during drilling at its Bullabulling Gold Project in Western Australia.
Hole BBDD0067 returned 7.8m @ 9 grams per tonne gold (Au) from 15.7m at the Bacchus deposit, including 2.1m @ 30.4g/t Au from 17m.
Minerals 260 says the result, located along the eastern margin of the Bacchus South pit, highlights the potential for shallow, ‘higher-grade’ mineralisation during the early years of a future operation.
The company has received assays from another 46 holes covering 11,163m across the Phoenix, Bacchus, Kraken, and Gibraltar deposits.
Of these, the company says 40 holes totalling 9,183m were drilled to support the conversion of inferred resources to the indicated category. The remaining six holes, covering 1,980m, tested extensions beyond the current mineral resource estimate (MRE).
At Phoenix, infill results included 19m @ 1.5g/t Au from 172m, 8m @ 3g/t Au from 56m, and 13.1m @ 1.6g/t Au from 67m. The latter contained 1m @ 13.7g/t Au from 67.4m.
Extensional drilling at Phoenix returned 4m @ 4.1g/t Au from 299m.
Bacchus drilling is also collecting geotechnical and metallurgical information for the Definitive Feasibility Study. In addition to the shallow result, hole BBRC0638 returned 6m @ 2.8g/t gold from 181m and 7m @ 2.7g/t gold from 240m, including 1m @ 10.7g/t gold.
Managing Director Luke McFadyen says the drilling continues to improve confidence in the scale and continuity of the project’s 6.2 million-ounce (Mt) resource.
“The results continue to demonstrate strong continuity across the major deposits, with encouraging higher-grade intersections returned at Phoenix and Bacchus and opportunities to extend mineralisation beyond the current resource,” McFadyen says.
At Gibraltar, extensional hole BBRD0705 intersected several mineralised zones, including 15m @ 1.3g/t Au from 322m, 16.5m @ 1.7g/t Au from 341m, and 3.1m @ 5.4g/t Au from 385.9m.
According to the Mineral 260, the Gibraltar results were included in the July 2026 MRE, while results from Phoenix, Bacchus, and Kraken will support another resource update targeted for mid-2027.
Minerals 260 has completed 839 holes for 185,045m at Bullabulling since acquiring the project in April 2025. Five drill rigs remain on site, with work focused on resource growth, regional exploration, and production readiness.
Future drilling will include testing west of Gibraltar towards Kraken, where auger sampling has identified gold anomalies along interpreted mineralisation controls.
The company owns 100% of Bullabulling, located 25km southwest of Coolgardie. The project hosts 190 million tonnes @ 1g/t Au for 6.2Mt across five deposits.
Write to France Pinzon at Mining.com.au
Images: Minerals 260
