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Minerals 260 (MI6) investor relations material
Minerals 260 Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary28 Oct, 2025
Executive summary
Bullabulling Gold Project drilling program expanded to 110,000m after strong results, with seven rigs active and multiple high-grade intercepts reported at Bacchus, Phoenix, Dicksons, and Kraken deposits.
Updated Mineral Resource Estimate (MRE) of 60 Mt @ 1.2 g/t Au for 2.3Moz, with first production targeted for late 2028.
Pre-Feasibility Study (PFS) workstreams advanced, including metallurgy, hydrogeology, mining, environmental, and infrastructure studies, with PFS completion targeted for mid-2026.
Executive team strengthened with appointments of Chief Operating and Chief Development Officers, bringing significant Tier-1 mining experience.
Financial highlights
Cash balance at 30 September 2025 was ~$43 million, supporting ongoing drilling and studies.
Net cash outflows from operating activities for the quarter were $11.5 million, mainly due to increased exploration and evaluation costs.
Cash outflows from investing activities totaled $0.3 million, including tenement and equipment purchases.
Estimated quarters of funding available is 3.7, indicating strong liquidity.
Outlook and guidance
Updated MRE on track for early December 2025, with further drilling to be incorporated into a 2026 update.
PFS completion targeted for mid-2026, with first production planned for late 2028.
Ongoing drilling and studies expected to further de-risk and enhance project economics.
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Next Minerals 260 earnings date
H1 202626 Feb, 2026
Next Minerals 260 earnings date
H1 202626 Feb, 2026
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Frequently asked questions
Minerals 260 Limited is a mineral exploration company focused on the discovery and development of lithium, gold, and base metal deposits. The company holds exploration projects primarily in Western Australia, targeting prospective regions for critical and precious metals. Its activities include geological surveys, drilling programs, and resource assessments to identify and advance potential mining opportunities. The company is headquartered in West Perth, Australia, and its shares are listed on the ASX.
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