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BPM Minerals Limited (ASX:BPM)

ALERT: Price-sensitive ASX Announcement for BPM
Current share price for BPM : $0.185 0.103 (125.61%)+
Announcement
Release
15 Sep 2025 8:19AM
Price at Release
$0.082
Full Release
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Summary
BPM Minerals Limited has finalized a Heritage Agreement with the Upurli Upurli Nguratja Aboriginal Corporation, establishing protocols for cultural heritage management at the Forelands Gold Project. A heritage survey is planned for late 2025, and with the Program of Work approved by DMPE, BPM is set to commence a 3,000-meter reverse circulation drilling program at the high-grade Beachcomber Prospect. The project is strategically located near Kalgoorlie, providing access to multiple operating mills, and showcases significant historical gold intercepts. The company has strengthened its financial position and technical team to advance exploration activities, with a focus on commercializing resources via nearby processing options.
Key Points
  • BPM Minerals Limited has executed a Heritage Agreement with the Upurli Upurli Nguratja Aboriginal Corporation (UUNAC).
  • The agreement covers exploration activities at the Forelands Gold Project.
  • A heritage survey is scheduled for Q4 2025.
  • The Program of Work (PoW) has been approved by the Department of Mines, Industry Regulation and Safety (DMPE) for a 3,000m, 25-hole RC drilling program at the Beachcomber Prospect.
  • The Beachcomber Prospect is a high-grade gold area poised for immediate drilling following the survey.
  • BPM recently sold shares in Capricorn Metals Ltd., raising approximately $1.05 million to fund the drilling program.
  • The Forelands Project spans a district-scale position with significant historical gold intercepts.
  • The project is located approximately 150 km east of Kalgoorlie, with proximity to operational mills.
  • BPM Minerals has strengthened its technical team with renowned advisors joining the company.
  • The project presents strong commercialisation potential due to nearby processing facilities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.