ASX:MI6Metals and Mining
How Investors May Respond To Minerals 260 (ASX:MI6) Upgraded Bullabulling Gold Resource And Strong Cash Position
Minerals 260 recently reported that the Bullabulling gold project’s resource estimate has risen to 4.5 million ounces, following extensive drilling and high‑grade intercepts, with a pre‑feasibility study still targeted for completion in 2026.
An important angle for investors is that this larger resource is underpinned by strong cash reserves, giving Minerals 260 greater flexibility to progress Bullabulling without immediately relying on external funding.
With this resource upgrade at...