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.
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.
