BPM Minerals Launches Largest Ever 20,000m Drilling Program at Forelands Gold Project

BPM Minerals is set to embark on a record 20,000m drilling campaign at its Forelands Gold Project in WA, targeting maiden resource estimates and testing a major gold anomaly with strong geological promise.

  • 20,000m reverse circulation drilling campaign approved
  • 10,000m resource definition drilling at Beachcomber targeting maiden JORC resource
  • 10,000m maiden drilling at Bonnie & Clyde on untested gold-in-soil anomaly
  • Beachcomber drilling supported by WA Government co-funded grant
  • Drilling to commence late July and August 2026 with results expected Q4
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Record Drilling Campaign Signals Step-Up at Forelands

BPM Minerals Ltd (ASX:BPM) is committing to its largest exploration push yet with a 20,000-metre reverse circulation (RC) drilling campaign across its Forelands Gold Project in Western Australia. The campaign splits evenly between a 10,000m resource definition program at the Beachcomber Prospect and a maiden 10,000m drill program at the Bonnie & Clyde Prospect, marking a significant escalation in BPM’s exploration activity.

Beachcomber has evolved rapidly over the past year from a modestly drilled historical site into a sizeable gold system with multiple mineralised lodes extending more than 300 metres along strike and over 250 metres vertically. The new drilling will densify the existing data to support a maiden JORC (2012) compliant Mineral Resource Estimate (MRE), a critical milestone for BPM as it weighs exercising its option to acquire the project outright.

Beachcomber Drilling Backed by Government Grant

The Beachcomber drilling program benefits from a co-funded grant under the Western Australian Government’s Exploration Incentive Scheme, reducing capital intensity for BPM. Priority targets include high-grade shoots within the Main and Central Lodes and untested gaps at Beachcomber North-West. Previous drilling has yielded impressive intercepts such as 15m at 1.40 g/t Au and a standout 1m at 85.61 g/t Au, underscoring the prospect’s high-grade potential.

Recent drilling confirmed continuity of the high-grade shoots, extending the mineralised footprint and leaving the system open for further expansion. The program is scheduled to commence in late July 2026, with assay results expected in the fourth quarter.

Bonnie & Clyde: Testing a Major Untested Gold Anomaly

The Bonnie & Clyde Prospect presents a compelling exploration target, featuring an untested, approximately 6-kilometre-long gold-in-soil anomaly exceeding 100 parts per billion (ppb) Au, associated with the structurally significant Yellow Dam Shear Zone. This maiden drilling program follows extensive preparatory work including a 1,500-sample ultrafine soil survey, detailed airborne magnetic survey, and a heritage survey conducted in partnership with the Upurli Upurli Nguratja Aboriginal Corporation.

BPM’s geological team sees Bonnie & Clyde as potentially hosting a major gold system, citing large-scale structural complexity and Tropicana-style mineralisation analogies. The project sits immediately along strike from the Dragonfly Prospect, where prior exploration identified similar mineralisation but lacked the structural complexity thought necessary for a major deposit. Drilling is expected to begin in August 2026, pending final regulatory approvals.

Strategic Location and Commercial Potential

Forelands covers a substantial 630 square kilometres along a major structural corridor on the Yilgarn Craton–Albany Fraser Orogen margin, a geological setting analogous to the +8 million ounce Tropicana gold deposit. The project’s proximity, approximately 150 kilometres east of Kalgoorlie, to multiple operating and proposed mills enhances its commercial viability, offering potential toll treatment options for any future resource.

BPM’s CEO Oliver Judd emphasised the significance of this drilling commitment, noting that the Beachcomber program will clarify the scale and quality of the asset ahead of a potential acquisition decision. He also highlighted the anticipation around Bonnie & Clyde, describing it as a target deserving of a substantial drilling program given its promising geological signatures.

Bottom Line?

BPM’s ambitious drilling campaign at Forelands could redefine its resource base, but investors will watch assay results closely to gauge the project's true potential.

Questions in the middle?

  • Will the Beachcomber drilling deliver a maiden JORC resource that justifies exercising the acquisition option?
  • Can Bonnie & Clyde’s maiden drilling confirm the presence of a major gold system as suggested by surface geochemistry and structural complexity?
  • How will assay results and resource updates influence BPM’s exploration strategy and capital allocation in the coming year?