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Minerals 260 Limited Announces Strategic Acquisition of Bullabulling Gold Project
Company Announcements

Minerals 260 Limited Announces Strategic Acquisition of Bullabulling Gold Project

Story Highlights
  • Minerals 260 Limited acquires Bullabulling Gold Project with 2.3Moz gold resource.
  • The acquisition enhances Minerals 260’s gold production prospects with a new drilling campaign planned.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Minerals 260 Limited ( (AU:MI6) ) has issued an update.

Minerals 260 Limited has executed an agreement to acquire the Bullabulling Gold Project from Norton Gold Fields Pty Ltd, which includes a significant mineral resource estimate of 60 million tonnes at 1.2g/t gold for 2.3 million ounces. This acquisition positions Minerals 260 for near-term gold production, significantly enhancing its portfolio and strengthening its presence in the gold market. Additionally, the company plans an extensive drilling campaign to further explore and develop the Bullabulling project.

More about Minerals 260 Limited

Minerals 260 Limited operates within the mining industry, primarily focusing on gold exploration and extraction. The company aims to advance its position in the gold market by acquiring significant gold resources and enhancing its exploration projects.

YTD Price Performance: 0.0%

Average Trading Volume: 142,786

Technical Sentiment Consensus Rating: Buy

See more data about MI6 stock on TipRanks’ Stock Analysis page.

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