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Bullabulling Gold Project, WA

Minerals 260 Limited (MI6) | Pre-Feasibility Study and Maiden Ore Reserve | Released 8 Jul 2026

Mine life
19 years
Operating life, LOM
Strip ratio
4.9 : 1
LOM, waste to ore
NPV
A$2.3B
Post-tax, 5%, real, at FID 1 Apr 2027
Capex
A$560M
Post-FID infrastructure capital

Inferred share: Inferred 3% of production target

Figures are as the company states them, in its currency and on its basis. "Not disclosed" means the release doesn't state the figure.

Planning inputs

Inferred 3% of production target | Overall slope 31° oxide, 41° transitional, 51° fresh | Dilution 9%, ore loss 7% | Contract mining | Mining by Snowden Optiro and Orepath

Also in the release

LOM throughput grade 0.86 g/t Au at 90% recovery through a 5 Mtpa CIL plant. AISC A$2,520/oz, C1 A$2,130/oz. Separately, A$180M pre-FID capital and A$115M for pre-production operations.

Read the release on the company's siteAdded to the tracker; released before the first issue of The Study Sheet.

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