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

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

West Australian11-07-2025
BMG Resources has firmed up its belief in a substantial gold system at its Abercromby gold project in Western Australia's Mid West region, after receiving broad mineralised hits from the first phase of a recently completed diamond drilling program.
The program targeted the southern extensions of the project's Capital Deposit and intersected alteration zones and grades that reaffirm the company's exploration model and provide strong encouragement for future growth in the resource base.
The latest drilling results returned intercepts such as 46.34 metres at 0.38 grams per tonne (g/t) gold from 116m in hole 24ABDD003, 8m at 1.27g/t from 304m in hole 24ABDD002, and 1m at 9.17g/t from 404m in hole 24ABDD001. Importantly, these results sit within broader zones of gold-associated alteration. While narrower than previous thick high-grade intercepts at the project, the hits are highly supportive of the company's interpretation of a large mineralised system open in multiple directions.
Earlier phases of drilling at Abercromby yielded much higher grades and thicker intervals, such as 77m at 2.66g/t, 26m at 6.07g/t, 30m at 10.01g/t and 10m at 11.71g/t.
The maiden mineral resource estimate for Abercromby stands at 11.12 million tonnes grading 1.45g/t gold for 518,000 ounces – a figure BMG sees as just the beginning, given that only 1.2 kilometres of the 6km strike length has been systematically drilled.
The project is on a granted mining lease and features free-milling gold with high recoveries of up to 95 per cent from carbon-in-leach processing.
A recent memorandum of understanding signed with Wiluna Mining Corporation for toll treatment of ore at the nearby Matilda processing plant adds further weight to the project's development credentials. Scoping studies are underway to assess the optimal mining strategy, with a low-capex, fast-tracked production scenario being evaluated.
Beyond Abercromby, BMG is also drilling at its Bullabulling gold project near Coolgardie, targeting several shallow, high-grade intercepts, including 2m at 18.1g/t, 4m at 10.12g/t and 12m at 2.3g/t gold. The Bullabulling tenure is adjacent to a 2.3-million-ounce gold resource now held by Tim Goyder's Minerals 260 Limited following a $166.5 million acquisition.
Meanwhile, BMG is building early momentum at its Dragon project in the West Arunta region near the Northern Territory border, a district now famed for the world-class Luni niobium discovery made by WA1 Resources. BMG's landholding spans 1470 square kilometres and shows multiple targets with coincident structural, magnetic and gravity features analogous to known mineralised carbonatites in the region.
As global demand for critical minerals such as niobium and rare earths accelerates, Dragon places BMG in a prime position to benefit from the shift towards energy transition and supply chain diversification. Add an expanding gold system at Abercrombie, and there looks to be plenty ahead to watch out for with this WA-focused exploration junior.
Is your ASX-listed company doing something interesting? Contact:
matt.birney@wanews.com.au
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

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

West Australian

time11-07-2025

  • West Australian

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

BMG Resources has firmed up its belief in a substantial gold system at its Abercromby gold project in Western Australia's Mid West region, after receiving broad mineralised hits from the first phase of a recently completed diamond drilling program. The program targeted the southern extensions of the project's Capital Deposit and intersected alteration zones and grades that reaffirm the company's exploration model and provide strong encouragement for future growth in the resource base. The latest drilling results returned intercepts such as 46.34 metres at 0.38 grams per tonne (g/t) gold from 116m in hole 24ABDD003, 8m at 1.27g/t from 304m in hole 24ABDD002, and 1m at 9.17g/t from 404m in hole 24ABDD001. Importantly, these results sit within broader zones of gold-associated alteration. While narrower than previous thick high-grade intercepts at the project, the hits are highly supportive of the company's interpretation of a large mineralised system open in multiple directions. Earlier phases of drilling at Abercromby yielded much higher grades and thicker intervals, such as 77m at 2.66g/t, 26m at 6.07g/t, 30m at 10.01g/t and 10m at 11.71g/t. The maiden mineral resource estimate for Abercromby stands at 11.12 million tonnes grading 1.45g/t gold for 518,000 ounces – a figure BMG sees as just the beginning, given that only 1.2 kilometres of the 6km strike length has been systematically drilled. The project is on a granted mining lease and features free-milling gold with high recoveries of up to 95 per cent from carbon-in-leach processing. A recent memorandum of understanding signed with Wiluna Mining Corporation for toll treatment of ore at the nearby Matilda processing plant adds further weight to the project's development credentials. Scoping studies are underway to assess the optimal mining strategy, with a low-capex, fast-tracked production scenario being evaluated. Beyond Abercromby, BMG is also drilling at its Bullabulling gold project near Coolgardie, targeting several shallow, high-grade intercepts, including 2m at 18.1g/t, 4m at 10.12g/t and 12m at 2.3g/t gold. The Bullabulling tenure is adjacent to a 2.3-million-ounce gold resource now held by Tim Goyder's Minerals 260 Limited following a $166.5 million acquisition. Meanwhile, BMG is building early momentum at its Dragon project in the West Arunta region near the Northern Territory border, a district now famed for the world-class Luni niobium discovery made by WA1 Resources. BMG's landholding spans 1470 square kilometres and shows multiple targets with coincident structural, magnetic and gravity features analogous to known mineralised carbonatites in the region. As global demand for critical minerals such as niobium and rare earths accelerates, Dragon places BMG in a prime position to benefit from the shift towards energy transition and supply chain diversification. Add an expanding gold system at Abercrombie, and there looks to be plenty ahead to watch out for with this WA-focused exploration junior. Is your ASX-listed company doing something interesting? Contact:

BMG unlocks Wiluna Mining processing option for Wiluna gold
BMG unlocks Wiluna Mining processing option for Wiluna gold

West Australian

time07-07-2025

  • West Australian

BMG unlocks Wiluna Mining processing option for Wiluna gold

In a transformational move, BMG Resources has executed a memorandum of understanding (MoU) clearing a path to toll treatment of its Abercromby gold ore at Wiluna Mining Corporation's Matilda plant. Wiluna Mining's fully operational conventional carbon-in-leach (CIL) gold ore processing facility is 20 kilometres northeast of BMG's project and is well-suited to process the company's Abercromby ore. The well-credentialled operation processes Wiluna Mining's ore and accepts third-party feed. The MoU lays out a structure for the two companies to enter an ore toll treatment arrangement to mill and process the Abercromby ore. It offers an ideal processing solution to support BMG's mine development scoping study for Abercromby to deliver a practicable financial model. BMG has worked up a handsome resource at Abercromby comprising 11.12 million tonnes averaging 1.45 grams per tonne (g/t) gold for 518,000 ounces of the precious metal. The resource comprises open pit and underground inferred resources totalling 353,000 ounces of gold, while indicated open pit and underground resources make up a further 165,000 ounces of gold. Metallurgical testwork has shown Abercromby's near-surface, free-milling ore to be amenable to conventional CIL processing. BMG says the global resource features high-grade gold zones, including 935,000 tonnes at 5.06g/t gold for 150,000 ounces, which could be selectively mined in an earlier stage of mine development. BMG envisages delivering ore to the Matilda run-of-mine pad. Wiluna Mining will crush and process the ore, then deliver the gold to a yet-to-be-agreed refinery. BMG anticipates retaining title to the ore during the process. The processing fee will likely be based on a fixed rate per tonne of ore processed, subject to adjustments. Abercromby offers BMG advantages beyond its favourable compatible metallurgy. The project is on a granted mining lease, which eases the mine permitting process, and it is close to infrastructure, including grid power and trafficable roads and at 20km from the Matilda plant, it is within close ore-hauling distance. The soaring gold price also supports BMG's plans to advance its commercial strategy for accelerating Abercromby to near-term development and early exploitation. The new MoU and imminent finalisation of a toll-treating arrangement represent a giant step towards the company's transition from developer to producer. BMG is now pressing ahead with a scoping study to evaluate Abercromby's best low-capex, high-margin options for a potential earliest possible mining venture. Is your ASX-listed company doing something interesting? Contact:

BMG to test gold targets next to major Eastern Goldfields mine
BMG to test gold targets next to major Eastern Goldfields mine

West Australian

time03-07-2025

  • West Australian

BMG to test gold targets next to major Eastern Goldfields mine

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 in Western Australia's Eastern Goldfields. The program will follow up high-grade gold results from BMG's earlier scout drilling, which include 2m assaying an impressive 18.1 grams per tonne (g/t) gold from 34m, 12m at 2.3g/t gold from 53m and 4m going 10.12g/t gold from 32m. Scout drilling also intersected 4m assaying 2.37g/t gold from 53m and 1m running 10.6g/t gold from 58m. Reconnaissance drilling at Bullabulling North has returned several near-surface intercepts of high-grade gold and identified four priority prospects in the tenement block: Poolmans, Peach, Grizzly and Flame. BMG's encouraging reconnaissance results are supported by historical assays from shallow rotary air-blast (RAB) drilling, which returned 5m at 2.5g/t gold from 36m, 2m running 5.7g/t from 49m, 1m going 3.02g/t gold from 37m, 2m at 1.71g/t gold from 41m and 3m at 5.9g/t gold from 27m. BMG has been further motivated by the project's proximity to explorer Minerals 260's 60-million-tonne, 2.3-million-ounce Bullabulling gold mine. The big mine sits about 14 kilometres south of the centre of BMG's Bullabulling North tenement block within an interpreted continuity of north-south striking greenstone lithologies. The two properties enclose the same or very similar prospective ultramafic rocks. A host of gold occurrences has been mapped along the greenstone trend over a total strike distance of almost 23km from Bullabulling North to about 6km south of the Bullabulling mine. Intriguingly, the narrow but strike-persistent greenstone belt traces a classic sigmoidal or S-shaped structural trend along the entire 23km strike, which offers a possible clue to the regional structural stress regime that might have opened conduits for mineralising solutions and gold deposition sites. That structural model suggests the Bullabulling mine sits on the southern maximum stress centre - the sharpest arc of the 'S' - while BMG's northern tenement block occupies the complementary northern stress centre. BMG has not failed to notice that Bullabulling has become one of the hot addresses in the Eastern Goldfields, following Minerals 260's acquisition of the Bullabulling gold mine, described as one of Australia's biggest near-term gold projects. The mine was formerly owned by privately held Norton Gold Fields, which is majority owned by China's largest gold producer, Zijin Mining Group. The April acquisition of Bullabulling following a $200 million capital raising propelled Tim Goyder's Minerals 260 to a current market capitalisation of just under $250 million. Apart from the Bullabulling North ground, BMG also holds two other strategically located tenement blocks within hailing distance of the Bullabulling gold mine. These include Bullabulling West, centred a mere 4.5km west of the Bullabulling gold mine, and Bullabulling East, a smaller holding on a separate thin greenstone belt, 11.5km east of the big mine. The company's tenement blocks west of Coolgardie are all well-situated, with two of them straddling the Great Eastern Highway. All of BMG's ground offers ready access to existing transport infrastructure, extensive access to experienced mining services and several processing facilities within trucking distance. Meanwhile at BMG's Poolmans prospect, multiple encouraging intercepts include 3m at 5.9g/t gold from 27m, 4m at 10.12g/t gold and 1m at 10.65g/t gold. Drilling at Poolmans will test the extents of gold lodes along strike and down-dip, and also for parallel structures. The company will also drill scissored pairs of holes to better define the strike and dips of possible multiple lodes. BMG expects analytical results in late July to early August. Is your ASX-listed company doing something interesting? Contact:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store