BMG Resources is set to begin a significant 10,000-metre diamond drilling campaign at its Abercromby Gold Project in Western Australia, aiming to grow and upgrade its existing 518,000-ounce gold resource. The drilling will focus on high-grade lodes within the Capital Deposit, with results feeding into mine planning and a scoping study due this quarter.
- 10,000m diamond drilling campaign to start late February 2026
- Focus on expanding high-grade lodes within Abercromby’s Capital Deposit
- Existing Mineral Resource Estimate of 518,000 oz gold remains open at depth and along strike
- Drilling results to support ongoing mine planning and scoping study
- Project benefits from granted mining lease and proximity to processing facilities
BMG Advances Abercromby with Major Drilling Campaign
BMG Resources (ASX, BMG) has announced the commencement of a substantial 10,000-metre diamond drilling program at its 100%-owned Abercromby Gold Project, located in Western Australia's prolific Goldfields region. This marks the first major drilling effort at Abercromby since the maiden Mineral Resource Estimate (MRE) was delivered in 2023, which defined a resource of 518,000 ounces of gold at a discovery cost of approximately $8.35 per ounce.
The upcoming campaign, scheduled to start in late February 2026, will target extensions of high-grade gold lodes within the Capital Deposit. These lodes remain open both at depth and along strike, offering promising potential for resource growth. Previous drilling has returned impressive intercepts, including 57.5 metres at 5.73 grams per tonne (g/t) gold and 30 metres at 10.01 g/t gold, underscoring the deposit’s high-grade nature.
Strategic Location and Development Pathways
The Abercromby project benefits from a granted mining lease, positioning it well for potential development. It lies within trucking distance of several operating gold processing facilities, including a Memorandum of Understanding with Wiluna Mining to assess toll treatment options at the Matilda carbon-in-leach plant. Metallurgical testwork has confirmed free milling gold across the orebody, with gold recoveries between 93% and 95%, supporting efficient processing prospects.
Near-surface mineralisation suggests amenability to open-pit mining, while higher-grade zones at depth support a strategic approach that could combine open pit and underground methods. A scoping study evaluating these mining scenarios is nearing completion, with results expected later this quarter. The drilling results will directly feed into this study and ongoing mine planning activities, aiming to increase resource confidence and assess potential ounce growth.
Geological Context and Exploration Analogues
Geologically, Abercromby is interpreted as hosting a ductile gold system, structurally controlled between shear zones and influenced by cross-cutting structures within a complex mafic package. This style of mineralisation is reminiscent of the nearby Never Never gold deposit, owned by Ramelius Resources, which boasts a substantial 2.1 million ounces at a high grade of 8.8 g/t gold. Such analogues provide a compelling exploration framework for Abercromby’s potential to host significant high-grade mineralisation at depth.
The 2026 drilling program will also test regional targets south of the Capital Deposit, where previous aircore drilling has confirmed the presence of a large, high-grade gold system along a 1,000-metre prospective corridor. Success in these areas could further enhance the project’s resource base and development prospects.
Operational Continuity and Next Steps
BMG has re-engaged diamond drilling contractor DDH1, which previously supported the project’s drilling campaigns, ensuring operational continuity and site familiarity. Rig mobilisation is prioritised, with drilling expected to commence around 24 February 2026.
Chief Executive Officer Ben Pollard emphasised the company’s readiness to advance drilling and technical studies in parallel, highlighting the efficient discovery cost of the maiden resource and the clear scope for further growth. Investors and stakeholders can anticipate regular updates as drilling progresses and assay results are received in the coming weeks.
Bottom Line?
As BMG embarks on this pivotal drilling phase, the Abercromby project’s potential to evolve into a significant gold producer is coming sharply into focus.
Questions in the middle?
- Will the drilling confirm significant extensions to the high-grade lodes at depth and along strike?
- How will the upcoming scoping study influence BMG’s development timeline and capital requirements?
- What are the prospects for securing a processing agreement with Wiluna Mining or other nearby facilities?