Bullabulling Gold Project Hits 22m at 3.25g/t in Latest Drilling Results
Minerals 260’s latest drilling results at the Bullabulling Gold Project reinforce the 2.3 million ounce resource and reveal promising extensions at depth and along strike. The ongoing 80,000m program is on track to deliver an updated resource estimate by year-end.
- Multiple wide and high-grade gold intercepts confirm resource continuity
- Deeper drilling supports potential extensions at Phoenix and Bacchus deposits
- Strike extension drilling confirms mineralisation between Bacchus and Kraken
- 80,000m drilling program approximately 40% complete
- Updated Mineral Resource Estimate expected in Q4 2025
Bullabulling Drilling Campaign Gains Momentum
Minerals 260 Limited has reported encouraging assay results from its maiden drilling campaign at the Bullabulling Gold Project, located 25km west of Coolgardie in Western Australia. The project hosts a substantial 2.3 million ounce gold resource, and the company’s ongoing 80,000 metre drilling program is now about 40% complete, with over 30,000 metres drilled to date.
The latest batch of assays covers 55 reverse circulation holes totalling 12,686 metres, revealing multiple wide intercepts with significant gold grades. Highlights include a standout 22 metres at 3.25 grams per tonne gold from 162 metres depth at the Bacchus deposit, alongside other notable intercepts such as 27 metres at 1.6 g/t and 13 metres at 4.1 g/t gold. These results not only confirm the robustness of the existing resource but also suggest meaningful potential to expand it.
Extending the Resource at Depth and Along Strike
Deeper drilling has begun to reveal continuity of mineralisation below the current resource pit shells, particularly at the Phoenix and Bacchus deposits, which together account for a significant portion of the resource. The Bacchus deposit, for example, has returned multiple stacked gold lodes extending to depths beyond previous drilling, underscoring the potential for resource growth.
Moreover, strike extension drilling between the Bacchus and Kraken deposits has confirmed mineralisation continuity, with new zones intersected outside the current resource boundaries. This continuity bodes well for future resource upgrades and supports the geological model of a mineralised corridor stretching across the project area.
Supporting Infrastructure and Exploration Activities
In addition to drilling, Minerals 260 has completed heritage surveys in collaboration with the Marlinyu Ghoorlie Traditional Owners, clearing the way for further resource and exploration drilling. Geophysical surveys, including Dipole-Dipole Induced Polarisation (DDIP), have been conducted to identify sulphide zones potentially associated with gold mineralisation, with results pending.
Auger drilling is also planned to commence at the Gibraltar prospect, a target area outside the current resource estimate, aiming to define new drill targets. These complementary exploration efforts reflect a comprehensive approach to unlocking the full potential of the Bullabulling project.
Outlook and Next Steps
Minerals 260’s Managing Director, Luke McFadyen, expressed confidence in the drilling progress and results, noting that the program is delivering on expectations and highlighting clear opportunities to extend key deposits. The company remains on track to deliver an updated Mineral Resource Estimate by the fourth quarter of 2025, which will incorporate the latest drilling data and potentially upgrade resource classifications.
With a large contiguous tenement package and multiple prospective targets at depth and along strike, Bullabulling stands as a compelling project in the Eastern Goldfields region. The combination of strong drilling results, ongoing exploration, and community engagement positions Minerals 260 well as it advances towards resource growth and potential development decisions.
Bottom Line?
As Minerals 260 advances its drilling and exploration, the Bullabulling Gold Project’s resource growth potential is becoming increasingly tangible, setting the stage for a pivotal resource update later this year.
Questions in the middle?
- How will pending assay results from the remaining 69 drill holes influence the upcoming resource estimate?
- What are the implications of the Dipole-Dipole Induced Polarisation survey results once received?
- How might ongoing heritage and environmental surveys impact the project’s permitting timeline?