Bullish gold explorer claims Bullabulling’s major status

The West Australian07-08

Explorer Minerals 260 says its Bullabulling project in WA’s Goldfields region will yield for almost two decades and is Australia’s biggest undeveloped gold reserve not owned by existing producer.The ...

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claims Bullabulling’s major status\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-08 01:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thewest.com.au/business/mining/minerals-260-says-bullabulling-is-australias-biggest-undeveloped-gold-reserve-not-owned-by-existing-producer-c-22547155><strong>The West Australian</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Explorer Minerals 260 says its Bullabulling project in WA’s Goldfields region will yield for almost two decades and is Australia’s biggest undeveloped gold reserve not owned by existing producer.The ...</p>\n\n<a href=\"https://thewest.com.au/business/mining/minerals-260-says-bullabulling-is-australias-biggest-undeveloped-gold-reserve-not-owned-by-existing-producer-c-22547155\">Source 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Luke McFadyen-led company has released an updated, 38 per cent larger mineral resource estimate for the project, situated 25km west of Coolgardie.Its pre-feasibility study also landed on Wednesday, outlining a plan to produce 150,000 ounces per annum for 19 years, starting from the December quarter of 2028.Minerals 260 - which has had a staggering share price surge over the past year, giving it a market value of almost $1.8 billion - said the operation would have an all-in sustaining cost of $A2520/oz ($US1747/oz).Bloomberg reports spot gold was trading at $US4098.04/oz ($A5909/oz) just before 7am in Singapore.“Bullabulling is firmly established as one of Australia’s premier gold development projects and our strategic objective of creating a large-scale operation by the end of 2028 continues to progress rapidly,” Mr McFadyen said.MiningCommentsWA gold miner hits output target for sixth straight yearRebecca Le May","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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