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BPM Minerals Completes Maiden Drilling and Bolsters Funding at Forelands Gold Project

Story Highlights
  • BPM Minerals finished maiden RC drilling at Beachcomber to test and extend high-grade gold mineralisation, with assay results pending.
  • Extensive soil sampling, heritage approvals and a A$3.5m placement position BPM to accelerate 2026 exploration across the 75km Forelands corridor.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BPM Minerals Completes Maiden Drilling and Bolsters Funding at Forelands Gold Project

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The latest announcement is out from BPM Minerals Ltd. ( (AU:BPM) ).

BPM Minerals has completed a 3,180m, 24‑hole maiden reverse circulation drilling program at the high-grade Beachcomber Prospect within its Forelands Gold Project in Western Australia, targeting down-dip and along-strike extensions of a known quartz lode and following up historical high-grade gold intercepts, with assay results pending. The company also advanced project-wide exploration by collecting 1,742 soil samples across several prospects to refine drill targets, confirmed via a regional review that Forelands hosts a major gold system over more than 75 km, secured heritage approvals enabling continued drilling in 2026, and strengthened its balance sheet with a A$3.5 million capital raising, leaving it well-funded with about A$5.6 million in cash to accelerate its 2026 exploration program.

The most recent analyst rating on (AU:BPM) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on BPM Minerals Ltd. stock, see the AU:BPM Stock Forecast page.

More about BPM Minerals Ltd.

BPM Minerals Ltd. is an ASX-listed mineral exploration company focused on gold exploration in Western Australia, with its flagship Forelands Gold Project targeting high-grade quartz lode systems along a 75 km mineralised corridor that hosts multiple emerging prospects.

Average Trading Volume: 397,356

Technical Sentiment Signal: Buy

Current Market Cap: A$22.35M

Find detailed analytics on BPM stock on TipRanks’ Stock Analysis page.

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