BMG Resources Accelerates Abercromby Drilling Ahead of Key Scoping Study
BMG Resources has commenced diamond drilling as part of a 10,000m program at its Abercromby Gold Project in WA, aiming to expand its 518,000oz gold resource. Results are expected within weeks, alongside a near-complete scoping study that could pave the way for near-term production.
- 10,000m resource development drilling underway with diamond drilling progressing
- Targeting extensions to existing 518,000oz gold Mineral Resource Estimate
- Abercromby Scoping Study nearing completion to support expanded mine planning
- Capital Deposit remains open at depth and along strike with high-grade potential
- Shareholders to vote on company name change to WA Gold Limited in April
Drilling Momentum Builds at Abercromby
BMG Resources Limited (ASX:BMG) is intensifying its exploration efforts at the Abercromby Gold Project in Western Australia, with a 10,000-metre resource development drilling campaign now well underway. The company has completed approximately 1,100 metres of reverse circulation pre-collars and has transitioned to diamond drilling to reach depths between 275 and 500 metres. This phase aims to test extensions of the existing 518,000-ounce gold resource, which remains open both at depth and along strike.
Unlocking High-Grade Potential
The focus of the drilling is the Capital Deposit, a structurally-controlled gold system hosted within complex mafic rocks and shear zones. Early indications suggest increasing gold grades at depth, aligning with geological models seen in other prolific WA gold deposits such as the Never Never deposit owned by Ramelius Resources. BMG’s CEO Ben Pollard emphasises the importance of confirming the continuity of high-grade lodes, which could significantly expand the resource and enhance the project’s economic potential.
Pathway to Production
Abercromby is strategically positioned for near-term development. The resource lies within a granted mining lease in a well-established mining region, with existing gold processing facilities nearby. BMG has secured a memorandum of understanding with Wiluna Mining to explore processing options at the Matilda CIL plant. Metallurgical testwork has demonstrated high gold recoveries of 93% to 95% using conventional carbon-in-leach processing, reinforcing the project’s viability. The mineralisation is amenable to open-pit mining, with potential for staged development as higher-grade zones are delineated.
Scoping Study and Corporate Strategy
The company is finalising a scoping study that will primarily assess the indicated resource category to underpin mine planning and economic evaluation. Initial assay results from the ongoing drilling are expected within 4 to 5 weeks, which will feed into this study. Concurrently, BMG is preparing for a shareholder meeting on 15 April 2026 to consider a proposed name change to WA Gold Limited, reflecting a sharpened strategic focus on Western Australian gold assets. This rebranding could signal a new phase of growth and investor engagement.
Looking Ahead
With drilling progressing around the clock and a suite of deliverables on the horizon, BMG Resources is positioning Abercromby as a compelling gold development story. The coming weeks will be critical as assay results and the scoping study provide clearer insights into the project’s scale and economics, potentially setting the stage for a transition from explorer to producer.
Bottom Line?
Abercromby’s evolving resource and imminent scoping study could soon redefine BMG’s trajectory in WA gold mining.
Questions in the middle?
- Will the upcoming assay results confirm significant extensions to the high-grade zones at Abercromby?
- How will the scoping study influence BMG’s development timeline and capital allocation?
- What impact will the proposed rebranding to WA Gold Limited have on investor perception and market positioning?
