Minerals 260 (ASX:MI6) said drilling at its Bullabulling gold project in Western Australia continued to return thick, high-grade mineralisation consistently, and pointed to "strong" potential for further increases to the mineral resource estimate, according to a Monday filing with the Australian bourse.
Drilling yielded 14 meters at 1 gram per tonne gold from 88 meters, 8.8 meters at 1.3 grams per tonne gold from 197 meters, the filing said.
The drilling confirms the continuity of mineralization at depth, the filing added.
Shares of the company rose 1% in recent Monday trade.
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