BPM Minerals Kicks Off Major 7,500m Gold Drilling at Forelands Project

BPM Minerals Kicks Off Major 7,500m Gold Drilling at Forelands Project

BPM Minerals launches 7,500m RC drill at Beachcomber, Forelands; maiden Bonnie & Clyde drilling planned in Q3 2026 with A$3.5m funding backing exploration.

Isla Campbell
Isla CampbellJournalist
· 1 min read
In this storyBPM
In briefAt-a-glance3 takeaways
  • 017,500m RC drilling underway at Beachcomber targeting extensions and anomalies.
  • 02Maiden RC drilling planned for Bonnie & Clyde in Q3 2026.
  • 03A$3.5M raised to fund accelerated exploration at Forelands.

BPM Minerals (ASX: BPM) is embarking on an aggressive exploration push at its Forelands Gold Project, launching a 7,500m reverse circulation (RC) drilling campaign at Beachcomber and advancing multiple targets.

The program aims to test down-dip extensions of the high-grade Main Beachcomber Lode.

Previous results from the Main Beachcomber Lode include 3 metres at 65.8 grams per tonne gold from 25m, 9m at 7.77 g/t Au from 75m, 6m at 6.72 g/t Au from 28m, and 9.7m at 4.5 g/t Au from 88.8m.

The program will also target newly identified soil anomalies, including the 700m long Beachcomber NW prospect.

Bonnie & Clyde Advances to Drilling

The company also plans maiden drilling at the Bonnie & Clyde prospect in Q3 2026, signalling a focused effort on resource definition along with the progression of heritage surveys and Program of Work approvals.

The Bonnie & Clyde exploration license (E28/3543) has been granted, clearing the way for exploration activities.

Approximately 2,000 soil samples are currently underway to define drill targets for a planned 50-hole RC program in Q3 2026.

The company has a strong pipeline of exploration targets for testing across more than 75km of mineralised "Yellow Dam" structure.

This includes Ambrosia (8m @ 1.15 g/t Au), Sidecar (10m @ 1.0 g/t Au), and Brass Monkey (6m @ 0.56 g/t Au), along with additional targets and more than 40 historical drill holes with 1g/t or more.

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District-Scale Project With Supportive Geology

The Forelands Gold Project spans approximately 630 km2 along the Albany Fraser margin, exhibiting a Tropicana-style geological setting.

An airborne magnetic survey is scheduled for late March 2026 to aid geological interpretation and targeting across the project, including Beachcomber and Bonnie & Clyde.

The company highlights its readiness and funding strength to move aggressively and advance exploration across multiple high-priority targets in 2026.

BPM Minerals recently completed an A$3.5 million placement in February 2026 that was anchored by Terra Capital and Tribeca.

Proceeds from the placement are earmarked to accelerate exploration at Forelands, including follow-up drilling at Beachcomber and preparation for Bonnie & Clyde.

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Isla Campbell
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Isla Campbell

Journalist
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