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Minerals 260 Limited ( (AU:MI6) ) has provided an update.
Minerals 260 Limited has announced promising results from its ongoing drilling program at the Bullabulling Gold Project, which indicate a potential upgrade to the current 2.3 million ounce Mineral Resource Estimate. The new drilling results, which include high-grade gold intercepts, are expected to support the company’s Pre-Feasibility Study and confirm the continuity of mineralization along the project’s extensive strike length. The company is well-funded to continue its exploration and study activities, with plans to update the Mineral Resource Estimate by December 2025.
The most recent analyst rating on (AU:MI6) stock is a Buy with a A$0.34 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 the exploration and development of mineral resources. The company is primarily engaged in gold mining projects, with a significant focus on the Bullabulling Gold Project located in Western Australia.
Average Trading Volume: 6,735,543
Technical Sentiment Signal: Buy
Learn more about MI6 stock on TipRanks’ Stock Analysis page.