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How Will BMG’s $2.5M Raise Fuel Abercromby’s Gold Expansion?

10:00am on Tuesday 3rd of February, 2026 AEDT Mining
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How Will BMG’s $2.5M Raise Fuel Abercromby’s Gold Expansion?

10:00am on Tuesday 3rd of February, 2026 AEDT
Key Points
  • Placement raises $2.5 million at $0.021 per share with cornerstone investor Tribeca
  • Upsized 10,000m drill program planned to expand Abercromby’s 518,000oz gold resource
  • Drilling also targeted at 100% owned Bullabulling Project near a 4.5Moz gold mine
  • Scoping study for low-capex mining at Abercromby due in Q1 2026
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