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Minerals 260 Reports Promising Drilling Results at Bullabulling Gold Project

Story Highlights
  • Minerals 260 Limited focuses on gold exploration at the Bullabulling Gold Project in Western Australia.
  • Promising drilling results could extend the Phoenix resource, enhancing market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Minerals 260 Reports Promising Drilling Results at Bullabulling Gold Project

Confident Investing Starts Here:

An update from Minerals 260 Limited ( (AU:MI6) ) is now available.

Minerals 260 Limited has reported promising assay results from its maiden drilling campaign at the Bullabulling Gold Project, with significant gold intercepts that could potentially extend the depth of the current Phoenix resource. The company is actively drilling with six rigs on site, aiming to enhance the resource estimate and improve confidence classifications, which could positively impact its market positioning and stakeholder interests.

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 is a company operating in the mining industry, focusing on gold exploration and development. The company is engaged in the Bullabulling Gold Project in Western Australia, which hosts a significant mineral resource estimate of 2.3 million ounces of gold.

Average Trading Volume: 11,289,967

Technical Sentiment Signal: Buy

Learn more about MI6 stock on TipRanks’ Stock Analysis page.

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