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The latest update is out from Minerals 260 Limited ( (AU:MI6) ).
Minerals 260 has reported further strong drilling results from its Bullabulling Gold Project, with 60 new holes confirming continuity of mineralisation and extending gold zones at the Phoenix, Bacchus and Dicksons deposits. Significant intercepts include 20m at 3.4g/t gold from 93m and 18m at 2.9g/t gold from 332m, reinforcing the quality and scale of the existing 4.5Moz resource.
The results, part of a 78,000m campaign completed since the December 2025 resource estimate, are aimed at upgrading Inferred to Indicated resources and identifying higher-grade trends ahead of a Mineral Resource Estimate update due in August 2026. With ten drill rigs currently on site and 172,610m drilled since acquiring the project in April 2025, the program is materially increasing geological confidence and highlighting opportunities for resource growth at Bullabulling.
The most recent analyst rating on (AU:MI6) stock is a Buy
with a A$1.35 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 gold exploration and development company listed on the ASX, focused on its 100%-owned Bullabulling Gold Project near Coolgardie in Western Australia. The project currently hosts a 4.5-million-ounce gold Mineral Resource, with multiple deposits such as Phoenix, Bacchus and Dicksons being advanced through extensive drilling to upgrade resources and support future development options.
Average Trading Volume: 10,252,841
Technical Sentiment Signal: Buy
Current Market Cap: A$2.23B
For a thorough assessment of MI6 stock, go to TipRanks’ Stock Analysis page.