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Minerals 260 Limited ( (AU:MI6) ) just unveiled an update.
Minerals 260 Limited has announced significant drilling results at its Bullabulling Gold Project, indicating potential expansion of its current 2.3 million ounce Mineral Resource Estimate. The drilling campaign has delivered high-grade gold assays, particularly at the Phoenix and Bacchus deposits, suggesting strong potential for extending these resources both at depth and along strike. Additionally, the first phase of drilling at the Gibraltar prospect has shown promising initial results, with plans for further exploration to establish a maiden Mineral Resource Estimate.
The most recent analyst rating on (AU:MI6) stock is a Buy with a A$0.28 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 mining industry, focusing on gold exploration and development. The company is engaged in expanding its mineral resource estimates through drilling campaigns, primarily in Western Australia.
Average Trading Volume: 6,161,638
Technical Sentiment Signal: Sell
Find detailed analytics on MI6 stock on TipRanks’ Stock Analysis page.