The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • BPM Minerals (BPM) commences drilling at its Santy gold project in Western Australia
  • The company will complete a 100-hole reverse circulation (RC) and aircore program for 3500 metres to test priority gold and base metal targets
  • This includes RC drilling at a 2.2-kilometre structural target at the Santy prospect, which will follow up on previous rock chips and where mineralisation remains open in all directions
  • The drilling program is expected to take three weeks
  • Shares in BPM Minerals last traded at 13 cents on September 16

BPM Minerals (BPM) has commenced drilling at its Santy gold project in Western Australia.

The company will complete a 100-hole reverse circulation (RC) and aircore program for 3500 metres to test priority gold and base metal targets.

This includes RC drilling a 2.2-kilometre structural target at the Santy prospect, which will follow up on previous rock chips and where mineralisation remains open in all directions.

BPM said it believed there was the potential for Julimar-style ultramafic intrusive mineralisation in the area after previous aircore drilling across base-metal targets hit anomalous nickel, cobalt and platinum group elements (PGEs).

The drilling program is expected to take three weeks.

The company also noted assays were still pending from exploration work completed at its Hawkins lead-zinc project.

Shares in BPM Minerals last traded at 13 cents on September 16.

BPM by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Bourse finishes week on a high as Wisetech pummeled | November 22, 2024

The ASX200 closed up 0.85% at 8,393 points. Economists increasingly expect interest rates in Australia won’t…
The Market Online Video

HotCopper Highlights: Your most watched stocks for Week 47, 2024

In this segment we’ll look at the top stocks HotCopper users have been watching, and discussing,…
Nuclear explosion mushroom cloud concept

Week 47 Wrap: HotCopper users’ most watched; Brent lifts on Putin’s scary letter; RFK dents CSL

Welcome to the end of another week. Let's start with what HotCopper users have been watching…
Dale Gillham's photo, and wording 'Words from Wealth Within's Chief Analyst Dale Gillham.

Dale Gillham’s weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

The $8.8 billion dollar merger between Sigma Healthcare and Chemist Warehouse is poised to reshape the Australian pharmacy landscape, consolidating power in th…