Minerals 260 delivers thick, shallow high-grade hits at Bullabulling; December MRE upgrade on track
Konrad Forrest

7 October 2025 | Perth, WA – Minerals 260 (ASX: MI6) has reported another strong set of assays from ongoing drilling at the Bullabulling Gold Project (25km west of Coolgardie), further supporting an upgrade to the current 2.3Moz Mineral Resource in December 2025.
Results from 73 holes (16,415m) include standout intercepts at Bacchus such as
- 10m @ 7.0g/t Au from 204m (BBRC0261),
- 7m @ 8.8g/t Au from 135m (BBRC0263),
- 32m @ 1.6g/t Au from 33m (BBDD0032) and
- 3m @ 14.9g/t Au from 25.6m (BBDD0035).
At Phoenix, new extensional hits include
- 4m @ 11.2g/t Au from 282m (incl. 1m @ 38.4g/t from 284m) in BBRC0286,
while infill at Kraken delivered
- 15.3m @ 1.7g/t Au from 31.4m (BBDD0040) and
- 7.4m @ 1.8g/t Au from 244m (BBDD0041).
The program continues to confirm continuous, multi-lode mineralisation along Bullabulling’s 8.5km strike, with shallow higher-grade zones emerging in and beneath existing pit shells—particularly along the Bacchus footwall shear—which could enhance early mine schedule grades. Around 90,000m of drilling will feed the updated MRE due early December 2025, with the remaining ~20,000m to be incorporated into a further update in 2026. Pre-Feasibility Study activities are advancing in parallel, with geotechnical and metallurgical drilling completed and testwork underway. Minerals 260 says the results reinforce the robustness and growth potential of Bullabulling as it progresses both resource conversion (to Indicated for Ore Reserve work) and depth/strike extensions across Bacchus, Phoenix and Kraken.
“Our infill and extensional drilling is consistently delivering strong results… the latest thick and shallow higher-grade intercepts provide further support for a MRE upgrade in December. Our development studies are advancing rapidly… geotechnical and metallurgical drilling for the PFS and the commencement of metallurgical test work represents a significant value-adding and de-risking event for the Project.” — Luke McFadyen, Managing Director.