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The latest announcement is out from Minerals 260 Limited ( (AU:MI6) ).
Minerals 260 Limited has announced its strategic plans to advance the Bullabulling Gold Project, a significant undeveloped gold resource in Australia, with a Mineral Resource Estimate of 2.3Moz. The company has completed substantial drilling and plans further exploration to increase the resource base, with a pathway to production targeted for late 2028. This development positions Minerals 260 as a potential major player in the gold industry, leveraging historical data and internal expertise to accelerate project phases, which could significantly impact its market positioning and stakeholder value.
The most recent analyst rating on (AU:MI6) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on Minerals 260 Limited stock, see the AU:MI6 Stock Forecast page.
More about Minerals 260 Limited
Minerals 260 Limited operates in the gold mining industry, focusing on the exploration, development, and operation of gold projects. Its primary asset is the Bullabulling Gold Project in Australia, acquired from Zijin Mining, which is one of the largest undeveloped gold projects in the country. The company is well-funded and backed by substantial shareholders, with a strategic aim to become a significant player in the gold market.
Average Trading Volume: 5,589,256
Technical Sentiment Signal: Buy
See more insights into MI6 stock on TipRanks’ Stock Analysis page.