Latest Bmg Resources (Asx:Bmg) News

BMG Resources has completed a $2.5 million capital raise to fund major drilling campaigns at its Abercromby and Bullabulling West gold projects in Western Australia, positioning the company for potential resource expansion.

BMG Resources reports encouraging drill results and advances a scoping study at Abercromby, while Bullabulling drilling confirms multiple gold lodes and potential resource expansion. A recent $600,000 placement supports ongoing development.

BMG Resources has addressed recent unusual trading activity, confirming no undisclosed material information and providing an update on its Bullabulling drilling program results.

BMG Resources has reported promising first-phase drilling results at its Bullabulling Gold Project, intersecting multiple high-grade gold lodes and identifying potential extensions from a neighbouring 2.3 million ounce gold mine. The company plans an extensive follow-up drill program in 2025 to further define these discoveries.

BMG Resources has secured $600,000 through a strategic share placement to advance its Western Australian gold projects, focusing on a scoping study at Abercromby and further drilling at Bullabulling.

BMG Resources reports strong assay results from Abercromby’s Phase 1 drilling, confirming high-grade gold mineralisation and broad alteration zones, while initiating a new drilling campaign at Bullabulling targeting near-surface gold.

BMG Resources has addressed ASX concerns over the timing and disclosure of assay results from its Abercromby Gold Project drill program, confirming compliance with listing rules despite delays and data inconsistencies.

BMG Resources confirms a substantial gold system at its Abercromby Gold Project through Phase 1 drilling results, validating its geological model and setting the stage for resource expansion. The company is advancing plans for Phase 2 drilling and a scoping study to explore commercial mining potential.

BMG Resources has signed a key Memorandum of Understanding to process ore from its Abercromby Gold Project at the nearby Matilda Processing Plant, marking a pivotal step toward production. This agreement supports BMG’s transition from developer to gold producer amid a strong gold price environment.

BMG Resources has kicked off an extensive drilling campaign at its Bullabulling Gold Project in Western Australia, targeting high-grade gold zones adjacent to a major 2.3 million ounce resource. The program aims to build on promising near-surface discoveries with results expected by early August.

BMG Resources advances its gold exploration with ongoing drilling at Abercromby, promising near-surface high-grade results at Bullabulling, and strategic positioning near producing mines at Invincible.

BMG Resources is ramping up its drilling efforts at the Abercromby Gold Project with assays from Phase 1 drilling imminent, aiming to expand its existing 518,000oz gold resource. Concurrently, a new drilling program is planned for the nearby Bullabulling Project following a major regional acquisition.