Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Bmc Minerals Ltd ( (AU:BMC) ) has issued an announcement.
BMC Minerals has reported strong initial assay results from its 2026 diamond drilling program at the Krakatoa zone within the ABM deposit at its Kudz Ze Kayah project in Yukon, Canada. The first hole of the campaign, K26-560, intersected a thick zone of high-grade massive sulphides outside the current Ore Reserve, confirming continuity between historic holes and indicating that the Krakatoa lens remains open down plunge to the north.
Management said the new intercept supports the view that Krakatoa could add meaningful tonnes to the mine plan and extend the life of the KZK Project. The 20,000-metre drilling program is now under way across multiple high-priority targets within five kilometres of the proposed ABM mine, including Rhyolite Peak, Fuego and GP4F, with a steady flow of assay results expected through the field season.
The most recent analyst rating on (AU:BMC) stock is a Buy with a A$5.70 price target. To see the full list of analyst forecasts on Bmc Minerals Ltd stock, see the AU:BMC Stock Forecast page.
More about Bmc Minerals Ltd
BMC Minerals Ltd is a Canadian-based mining company listed on the ASX that is advancing its 100%-owned Kudz Ze Kayah polymetallic project in Yukon, Canada. The flagship KZK Project covers 372 square kilometres of highly prospective and under-explored tenure, with the ABM deposit and surrounding targets focused on silver, zinc, gold, copper and lead mineralisation near the proposed ABM mine.
Average Trading Volume: 73,763
Learn more about BMC stock on TipRanks’ Stock Analysis page.