Minerals 260 MD and CEO Luke McFadyen joins Proactive's Fouad Haidar live from the ASX Small and Mid Cap Conference. Minerals 260 is an Australian gold development company advancing the 2.3 million ounce Bullabulling Gold Project in the Eastern Goldfields of Western Australia.
Acquired from Zijin Mining in April 2025, Bullabulling is one of the country’s largest undeveloped gold projects, strategically located just 65 kilometres from Kalgoorlie on granted mining leases. The project hosts a Mineral Resource Estimate of 60 million tonnes at 1.2 grams per tonne for 2.3 million ounces, supported by more than 600,000 metres of historical drilling and an additional 110,000 metres of drilling underway. Development plans include a Pre-Feasibility Study in 2026, a Final Investment Decision in 2027, and first production targeted for late 2028.
Backed by strong institutional and strategic shareholders, a well-capitalised balance sheet, and an experienced board led by Chairman Tim Goyder, Minerals 260 is positioned to become a significant Australian gold producer, with substantial resource growth and near-term production potential.