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Minerals 260 Limited ( (AU:MI6) ) has shared an update.
Minerals 260 Limited has acquired the Bullabulling Gold Project for AUD$166.5 million and is well-funded for its planned activities. The company is advancing its project strategy by completing extensive drilling to grow its resource base and targeting first production by 2028. The ongoing exploration and upcoming updates to the Mineral Resource Estimate (MRE) are expected to reinforce the project’s potential, with a Pre-Feasibility Study and Maiden Ore Reserve anticipated in mid-2026.
The most recent analyst rating on (AU:MI6) stock is a Buy with a A$0.50 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 is a company focused on the mining industry, specifically in gold exploration and development. The company’s primary project is the Bullabulling Gold Project, which is one of Australia’s largest undeveloped gold projects. Minerals 260 aims to become a significant gold producer, leveraging its substantial resources and experienced leadership team.
Average Trading Volume: 7,555,890
Technical Sentiment Signal: Buy
See more insights into MI6 stock on TipRanks’ Stock Analysis page.