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BPM Minerals Ltd. ( (AU:BPM) ) has provided an update.
BPM Minerals has commenced a 7,500m reverse circulation drilling campaign at the Beachcomber prospect within its Forelands Gold Project in Western Australia, targeting down-dip and down-plunge extensions of a high-grade gold lode and several untested soil anomalies. The program, expected to run for four to six weeks with initial assays anticipated in May 2026, aims to build on previous strong intercepts and potentially expand the known mineralised envelope, which remains open to the south and at depth.
At the nearby Bonnie & Clyde prospect, BPM has scheduled a heritage survey with the Upurli Nguratja Aboriginal Corporation this coming weekend, a key step toward securing approvals for maiden drilling planned for the third quarter of 2026. Concurrently, a 2,000-sample soil program is under way to define drill targets, signalling continued momentum across the Forelands project as the company progresses both exploration and permitting activities.
The most recent analyst rating on (AU:BPM) stock is a Sell with a A$0.16 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 Australian exploration company focused on gold projects in Western Australia. The company is advancing its Forelands Gold Project, targeting high-grade lode-style mineralisation through reverse circulation drilling and systematic geochemical surveys across multiple prospects.
Average Trading Volume: 973,134
Technical Sentiment Signal: Buy
Current Market Cap: A$22.08M
Find detailed analytics on BPM stock on TipRanks’ Stock Analysis page.