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Minerals 260 Limited ( (AU:MI6) ) has issued an announcement.
Minerals 260 Limited has appointed experienced geologist Mark Muller as General Manager – Geology, strengthening its technical leadership as it advances the 4.5Moz Bullabulling Gold Project near Kalgoorlie in Western Australia. Muller, who has more than 30 years’ experience across gold and nickel exploration, resource definition and mine geology, will oversee exploration and geological activities at Bullabulling as the company focuses on growing the resource base and accelerating project development.
The company highlights Muller’s long tenure at Mincor Resources and his co-recipient status of the AMEC Prospector of the Year Award for the Cassini nickel discovery, reinforcing his credentials in both discovery and operations. His appointment is positioned as a key step in progressing Bullabulling towards production, underlining Minerals 260’s intent to de-risk and advance one of its core gold assets in the Eastern Goldfields region.
The most recent analyst rating on (AU:MI6) stock is a Hold with a A$0.72 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 an Australian mineral exploration and development company focused on advancing the Bullabulling Gold Project in Western Australia. The project is a potential open-pit operation in the Eastern Goldfields, hosting a JORC 2012 Mineral Resource Estimate of 130 million tonnes at 1.0 grams per tonne gold for 4.5 million ounces on granted mining leases.
Average Trading Volume: 7,557,602
Technical Sentiment Signal: Buy
Current Market Cap: A$1.65B
Find detailed analytics on MI6 stock on TipRanks’ Stock Analysis page.