Minerals 260 Drilling at Western Australia Gold Project Shows Mineralization Beyond Boundaries of Resource Estimate

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Minerals 260 (ASX:MI6) said drilling at its Bullabulling gold project in Western Australia confirmed the continuity of mineralization both within and beyond the boundaries of the 6.2 million-ounce mineral resource estimate, according to a Tuesday filing with the Australian bourse.

Drilling intersected thick and high-grade mineralization within the footwall lodes at the Phoenix and Bacchus deposits, supporting the upgrade of inferred resources to indicated, the company said.

Significant results highlighted in the filing include 21 meters at 3.4 grams per tonne grade of gold from 27 meters, 7 meters at 10.9 g/t from 7 meters, 11 meters at 9 g/t from 49 meters, 6 meters at 17.1 g/t from 19 meters, 6 meters at 10 g/t from 22 meters, and 22 meters at 1.1 g/t from 66 meters, among others.

Minerals 260 shares gained 2% in recent Tuesday trade.

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