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WA GOLD WAU ABERCROMBY DRILLING Bulls N' Bears 22 Apr 2026

WA Gold maps $229M prize at Abercromby gold project near Wiluna

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WA Gold's scoping study for its Abercromby project near Wiluna in WA has outlined a staged pit-to-underground operation targeting 114,494 ounces of gold, with an $8M start-up capex. The base case flags about $270M pre-tax free cash flow and a $229M NPV at $6000 per ounce of gold, with payback in 1.5 years. Drilling is continuing to grow and upgrade resources.

BMG RC DRILL RIG AT ABERCROMBY BULLSNBEARS 1440 x 960 Bulls N' Bears 01 Apr 2026

BMG chases high-grade extensions to 518,000-ounce WA gold project

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BMG Resources has launched diamond drilling at its Abercromby gold project in Western Australia, testing for high-grade extensions to its 518,000-ounce gold resource. With reverse circulation pre-collars finished, the diamond rigs are now targeting depths of up to 500 metres at its Capital deposit. Results are expected within weeks as the company nears completion of a scoping study for the project.

BMG ABERCROMBY BNBWA Bulls N' Bears 23 Feb 2026

BMG adds heavyweight to fast-track WA gold build

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BMG Resources has sharpened its edge by hiring a seasoned mining executive as general manager to oversee project development and help steer the company's Abercromby gold project in WA's Agnew-Wiluna greenstone belt towards the earliest possible production timeline. Gareth McArthur has landed with 25 years of mining credentials, including project leadership across operational, technical and construction roles at Rio Tinto and smaller developers in WA.

BMG RESOURCES BMG DRILL RIG BNBWA 1440 x 960 Bulls N' Bears 11 Feb 2026

BMG launches big drill push to bulk up Wiluna gold project

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BMG Resources is set to kick off a major 10,000m diamond drilling resource expansion program this month at its Abercromby gold project, 30km southeast of Wiluna in WA's eastern goldfields. The program is primarily aimed at expanding the existing 518,000 ounce gold resource estimate at the project and will be the first significant drilling at the project since the definition of the maiden resource estimate in 2023.

BMG RESOURCES BMG ABECROMBY DRILLING 1440x960.jpg Bulls N' Bears 03 Feb 2026

BMG lands $2.5M strategic placement to fuel WA exploration push

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BMG Resources has landed a $2.5 million placement at 2.1 cents per share, backed by cornerstone investor Tribeca Investment Partners - an internationally recognised firm specialising in high-growth resources plays - along with European strategic participants and strong retail support. The raise will fuel an expanded exploration push across the company's WA gold portfolio and comes amid today's 29.17 per cent share price hike.

BMG RESOURCES BMG Au BULLSNBEARSWA 1440x960 Bulls N' Bears 06 Aug 2025

BMG Raises $600,000 to fast-track WA gold project growth

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BMG Resources is raising $600,000 through a placement of new shares to sophisticated and institutional investors to advance its Abercromby project scoping study and to drill its Bullabulling project in the WA goldfields. With a 518,000-ounce gold resource at Abercromby and high-grade hits at Bullabulling, BMG is poised to capitalise on its WA gold projects, leveraging their proximity to major mines and infrastructure for rapid development.

BMG RC DRILL RIG AT ABERCROMBY BULLSNBEARS 1440 x 960 Bulls N' Bears 11 Jul 2025

BMG firms up gold footprint at Abercromby project in WA Mid West

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BMG Resources has firmed up its belief in a substantial gold system at its Abercromby gold project in WA's Mid West region, after receiving broad mineralised hits from the first phase of a recently completed diamond drilling program. Scoping studies are now underway to assess the optimal mining strategy, with a low-capex, fast-tracked production scenario being evaluated.

BMG_Abercromby Au Dec24_BULLSNBEARS Bulls N' Bears 07 Jul 2025

BMG unlocks Wiluna Mining processing option for Wiluna gold

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In a transformational move, BMG Resources has executed a memorandum of understanding that clears a path to toll treatment of its Abercromby gold ore at Wiluna Mining Corporation's Matilda plant. The fully operational conventional carbon-in-leach gold ore processing facility is 20km northeast of BMG's project and the company says the mill is well-suited to process its Abercromby ore.

BMG Coolgardie Au Bulls N' Bears 03 Jul 2025

BMG to test gold targets next to major Eastern Goldfields mine

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BMG Resources has kicked off a 30-hole reverse circulation drilling program for a planned 3000 metres at its Bullabulling North gold project near Coolgardie. The program will follow-up high-grade gold results from earlier scout drilling, which include 2m assaying an impressive 18.1g/t gold from 34m, 12m at 2.3g/t gold from 53m and 4m going 10.12g/t gold from 32m. Credit: File

BMG_INVINCIBLE_Au_BULLSNBEARSWA_1440X960 Bulls N' Bears 26 Mar 2025

Big-name neighbours spur BMG to fast-track WA gold hunt

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BMG Resources will accelerate its exploration efforts at the company's Bullabulling and Invincible gold projects in WA, motivated by high gold prices and recent nearby acquisitions by two big-name mining investors. Both projects contain favourable gold mineralisation in big structures, which they share with other significant projects being advanced by Mark Creasy and Tim Goyder.

BMG Resourcs_Gold bars_BullsNBears Bulls N' Bears 14 Feb 2025

BMG ramps up gold drilling in WA with first results imminent

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BMG Resources is poised to ramp up drilling at its Abercromby gold project near Wiluna in Western Australia, with phase one results expected any day and phase two drilling scheduled to begin next month. With the first-round results from December's 1076m diamond drilling campaign expected imminently, BMG is confident that visual observations suggest the project's existing 518,000-ounce gold resource is set to grow.

BMG_DDH_WILUNA_1440x960 Bulls N' Bears 23 Dec 2024

BMG completes 1km of drilling at WA gold project with assays pending

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BMG Resources has bored three diamond holes at its Wiluna Abercromby project in WA. The company began drilling 19 days ago and has booked 1076m drilled so far in a phase one program on the Capital deposit to expand and upgrade Capital's maiden 518,000-ounce gold resource. The resource had previous hits of 1.45 g/t gold with high-grade zones up to 5.94g/t gold.

BMG starts round-the-clock drilling to extend Wiluna gold project Bulls N' Bears 04 Dec 2024

BMG starts round-the-clock drilling to extend Wiluna gold project

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BMG Resources has launched a round-the-clock diamond drilling campaign at its Abercromby gold project near Wiluna to expand the current 518,000 ounce resource. The drilling will probe high-grade gold zones at Abercromby and initially seek a resource expansion through extensional drilling of high-grade gold zones beyond the existing resource model.

BMG set to drill Abercromby near Wiluna Bulls N' Bears 13 Nov 2024

BMG set to drill Abercromby near Wiluna

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BMG Resources is preparing to probe high-grade gold zones at its Abercromby gold project in a round of extensional drilling designed to expand the company's current maiden 518,000 ounce gold resource at Wiluna. The program was flagged two weeks ago following the company's successful $1.5 million capital raise from sophisticated and institutional investors and it is now fully-funded to complete expansion drilling at Abercromby and to progress development studies.

BMG lands $1.5 million to build Abercromby gold at Wiluna Bulls N' Bears 05 Nov 2024

BMG lands $1.5 million to build Abercromby gold at Wiluna

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BMG Resources has received commitments to raise $1.5 million through a share placement to sophisticated and institutional investors which will fully fund its extensional drilling program at its Abercromby gold project near Wiluna, WA. The placement will comprise 150 million new fully paid shares at $0.01 cents per share in two Tranches with the new shares ranking equally with BMG's existing shares on issue.

BMG breathes more niobium-rare earths fire into Dragon Bulls N' Bears 05 Mar 2024

BMG breathes more niobium-rare earths fire into Dragon

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BMG Resources has applied for two additional exploration licences adjoining its granted Dragon project in Western Australia's West Arunta region – an emerging world-class niobium-rare earths district. It says data reviews have identified several areas where strong magnetic features are located next to major faults, which can be interpreted as being highly-prospective for potential carbonatites and represents priority niobium-rare earths exploration targets.

BMG unveils strategic niobium, rare earths land grab Bulls N' Bears 08 Feb 2024

BMG unveils strategic niobium, rare earths land grab

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BMG Resources is planning to beef up its holdings in WA's West Arunta region – known as elephant country for niobium and rare earths – with an option to nab a 90 per cent interest in 1470sq km of ground. The package sits 30km from Encounter Resources' Crean project and its resource of 282 million tonnes at 0.54 per cent niobium oxide and 0.17 per cent TRE0.

Prineas to chair BMG as hunt for new MD kicks off Bulls N' Bears 16 Jan 2024

Prineas to chair BMG as hunt for new MD kicks off

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Non-executive director of BMG Resources John Prineas will replace Greg Hancock as the non-executive chairman of the company as it kicks off a search for a new MD to develop its 500,000-ounce gold find near Wiluna. The move follows the resignation of Managing Director Bruce McCracken and will see Mr Hancock remain on the board as an independent non-exec director.

BMG charges into Bullabulling for more lithium, gold Bulls N' Bears 12 Dec 2023

BMG charges into Bullabulling for more lithium, gold

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BMG Resources' second round of drilling at its Bullabulling project near Coolgardie in Western Australia has nailed high-grade gold hits up to 4m at 10.12g/t in shallow drilling and confirmed stacked, lithium-rich pegmatites with a best slice of 4m at 0.56 per cent lithium oxide. The company says it highlights its discovery potential in a “world-class Australian lithium and gold region”.

BMG studies set to guide Capital development potential Bulls N' Bears 11 Sep 2023

BMG studies set to guide Capital development potential

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BMG Resources has instigated scoping and development studies, in addition to resource definition, expansion and exploration drilling, to develop and expand the 518,000-ounce resource at its Capital deposit in Western Australia. The company also plans to test other gold anomalies south of Capital, which it believes have the potential to deliver more pre-PFS ounces to the project.

BMG bullish about new lithium, gold drill campaign Bulls N' Bears 28 Aug 2023

BMG bullish about new lithium, gold drill campaign

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BMG Resources is again cranking the drillbit, with a 36-hole air-core (AC) drill program to home in on multiple, high-quality lithium and gold targets at its Bullabulling project where anomalous lithium-caesium-tantalum pegmatites were identified in its maiden reconnaissance program. Fieldwork and geochemical analysis previously outlined lithium-bearing pegmatites within a 4km corridor and gold occurrences were also recorded at the major Coolgardie lithium and gold province.

BMG Resources swells WA lithium-gold portfolio Bulls N' Bears 15 Jun 2023

BMG Resources swells WA lithium-gold portfolio

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BMG Resources has expanded its portfolio of Western Australian gold and lithium projects, acquiring the Bullabulling project in the Eastern Goldfields' emerging Coolgardie lithium and gold region. The company exercised its option on the project after initial reverse-circulation drilling confirmed strong prospectivity for lithium and gold. Plans for follow-up drilling is underway and more assays are due in the coming weeks.

BMG pegmatite swarm rattles ASX market cage Bulls N' Bears 24 May 2023

BMG pegmatite swarm rattles ASX market cage

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A maiden RC drilling program at BMG Resources' Bullabulling project in WA's East Yilgarn lithium corridor has tapped into an intriguing swarm of potentially lithium-rich pegmatites. The junior explorer's shares spiked nearly 85 per cent to 2.4 cents today on the back of the encouraging discovery. BMG has until next month to make the final decision to acquire full ownership of the prospective tenure.

BMG ups Wiluna value with 518,000-ounce gold resource Bulls N' Bears 17 Apr 2023

BMG ups Wiluna value with 518,000-ounce gold resource

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BMG Resources has delivered an impressive 518,000-ounce maiden gold resource from an 11.1-million-tonne haul at 1.45 grams per tonne gold at its Abercromby gold project near Wiluna. The company says mineralisation at its Capital gold deposit starts at surface and continues along strike outside the resource footprint, adding considerable potential. The project is on granted mining leases, providing an expedited pathway to mining approvals.

BMG snaps up prime WA Eastern Goldfields real estate Bulls N' Bears 15 Feb 2023

BMG snaps up prime WA Eastern Goldfields real estate

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BMG Resources has bagged a patch of prime Eastern Goldfields real estate near Coolgardie in Western Australia that houses a 4km corridor of lithium-rich pegmatites along with a clutch of high-priority gold prospects. Historic rock chip sampling has kicked up multiple anomalous lithium values, peaking at 1.9 per cent lithium oxide. The tenure is located a stone's throw from the multi-million-ounce Bullabulling gold mine.

High gold recovery for BMG at WA project Bulls N' Bears 06 Feb 2023

High gold recovery for BMG at WA project

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BMG Resources' metallurgical testing has confirmed that it achieved a 93 to 95 per cent gold recovery using typical gravity and cyanide carbon-in-leach processing at its Abercromby gold project near Wiluna in Western Australia. The ore was found to be free milling with the majority of the gold leached in the first eight hours with low reagent consumption. The gravity circuit recovered between 34 and 41 per cent of the gold.

BMG diamond drill program extends strike at Wiluna gold project Bulls N' Bears 15 Nov 2022

BMG diamond drill program extends strike at Wiluna gold project

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BMG Resources has extended the mineralised footprint of its Abercromby gold project near Wiluna out to 1.3km after receiving assay results from the company's recent diamond drilling campaign. Assay highlights include a 5.56m hit at 3.5 grams per tonne gold from 400m whilst a second hole recorded a 6m intercept going 2.79 g/t gold from 171m.

BMG adds greenfield gold targets to WA hit list Bulls N' Bears 25 Aug 2022

BMG adds greenfield gold targets to WA hit list

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ASX-listed BMG Resources has outlined a suite of regional gold anomalies after running a follow-up air-core drilling program over underexplored areas of its Abercromby project near Wiluna in Western Australia. The campaign adds a pipeline of greenfield exploration targets to the project's previously defined Capital South, Barrack and Archer prospects.

BMG diamond drilling chases Mid West gold Bulls N' Bears 13 Jul 2022

BMG diamond drilling chases Mid West gold

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BMG Resources is ploughing through the metres with two diamond holes from an eight-hole 3700m campaign nearing completion at the operation's Capital prospect in the Wiluna region of WA's Mid West. Visual inspection of the drill core suggests the company is closing in on intersecting the predicted extensions of the high-grade East and West gold lodes about 250m along strike.

BMG onto next phase of diamond drilling at WA gold play Bulls N' Bears 29 Jun 2022

BMG onto next phase of diamond drilling at WA gold play

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BMG Resources is running through the gears at its Abercromby gold project in the Wiluna region of WA with the explorer onto its next phase of diamond drilling at the operation. The 8-hole diamond probe will take in around 3,700m and is aimed at defining new resources and extending the footprint of previously discovered lodes.

BMG bolsters regional prospects at WA gold project Bulls N' Bears 02 May 2022

BMG bolsters regional prospects at WA gold project

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BMG Resources has boosted the regional prospects of its Abercromby gold project in the north-eastern Goldfields region of WA after assay results from more than 10,000m of an air-core drilling program underlined its broader potential. According to the company, a raft of solid hits from drilling across the venture's tenements has identified a sequence of compelling anomalies and opened a string of new target areas.

BMG shares up 50 per cent after doubling WA gold deposit Bulls N' Bears 26 Apr 2022

BMG shares up 50 per cent after doubling WA gold deposit

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Shares in BMG Resources surged more than 50 per cent on intraday trading following confirmation that diamond drilling at the Capital prospect, part of the larger Abercromby project in WA has delivered another serious batch of gold results that have more than doubled the size of the deposit and significantly boosted the operation's resource potential.

BMG wraps up WA gold drilling blitz Bulls N' Bears 01 Mar 2022

BMG wraps up WA gold drilling blitz

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Gold explorer BMG Resources has wrapped up a diamond and aircore drilling blitz at its high-grade Abercromby gold project in the north-eastern Goldfields of WA. Drilling was designed to chase up a suite of wide gold hits from a previous reverse circulation campaign at the Capital prospect along with testing multiple grass roots targets generated from a recently completed ground geophysical program.

BMG onto high-grade gold after WA drilling Bulls N' Bears 25 Jan 2022

BMG onto high-grade gold after WA drilling

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BMG Resources has seemingly upped the ante at its Abercromby gold project in the north-eastern Goldfields of WA after scooping a fleet of wide gold hits from a recent RC drilling campaign. The notable strikes are underlined by a series of scintillating results that include 6 metres at 19.8 grams per tonne gold from 83m with a 1m section grading 100.39 g/t gold at the same depth.

BMG follows up spectacular gold hits near Wiluna Bulls N' Bears 20 Jan 2022

BMG follows up spectacular gold hits near Wiluna

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BMG Resources is wasting little time following up on some prior spectacular gold hits at its Abercromby project near Wiluna with a dual exploration play at the site now in full swing. The program will see the explorer recommence diamond drilling at its high-grade Capital prospect and probe a series of nearby structural targets using an aircore rig.

Targets set as BMG secures rig to test high grade gold play Bulls N' Bears 09 Dec 2021

Targets set as BMG secures rig to test high grade gold play

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Gold explorer, BMG Resources is set to start the new year with a bang after securing a rig for a 12,000m drilling blitz at its high-grade Abercromby gold project near Wiluna in WA. The aircore drilling will test a series of newly identified structural targets similar to the company's high-grade Capitol prospect where recent RC drilling returned a sensational 26m hit going 6.07 g/t gold.

BMG steps up high-grade WA gold pursuit Bulls N' Bears 03 Dec 2021

BMG steps up high-grade WA gold pursuit

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Things are moving fast for West Australian focused gold explorer, BMG Resources with diamond drilling at its Capital prospect near Wiluna intercepting multiple wide zones of alteration in lodes interpreted to host high-grade gold. Recent RC drilling at the prospect, located at the company's Abercromby project, returned several eye-catching results including a scintillating 26 metre intercept grading 6.07 grams per tonne gold from 192m.

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