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BPM Minerals Limited (ASX:BPM)

ALERT: Price-sensitive ASX Announcement for BPM
Current share price for BPM : $0.180 0.06 (50%)+
Announcement
Release
20 Oct 2025 8:21AM
Price at Release
$0.120
Full Release
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Summary
BPM Minerals Limited announced the advancement of preparations for their maiden Reverse Circulation (RC) drilling program at the Forelands Gold Project in Western Australia, with the program expected to commence in mid-November 2025. The project involves a high-grade gold-bearing quartz lode at the Beachcomber Prospect, with significant historical intercepts. A heritage survey is scheduled with the Upurli Upurli Nguratja community, marking a critical step before drilling begins. The planned drilling will consist of 25 holes over 3,000 meters. The project benefits from strategic positioning near key infrastructure and is expected to convert quickly to a JORC-compliant resource due to the granted tenure and widespread mineralization.
Key Points
  • BPM Minerals Ltd is launching a maiden RC drilling program at Forelands Gold Project in WA.
  • A heritage survey is scheduled for early November at Beachcomber Prospect.
  • Drilling program expected to start mid-November and complete in three weeks.
  • Program of Work approved for a 3,000m, 25-hole RC drilling program.
  • Beachcomber is a high-grade gold lode, open in all directions.
  • High-grade historical intercepts include up to 65.8 g/t Au.
  • Forelands Project covers ~630 km² along a significant geological margin.
  • Proximity to existing mills offers commercialisation opportunities.
  • BPM is supported by a strong technical team and heritage agreements.
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.