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Minerals 260
Minerals 260 (MI6) investor relations material
Minerals 260 Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 TU earnings summary27 Jan, 2026
Executive summary
Bullabulling Gold Project's Mineral Resource Estimate (MRE) increased to 130Mt at 1.0g/t Au for 4.5Moz, a 2.2Moz rise since the previous estimate, positioning it as a leading gold development in Australia.
117,561m of drilling completed, with 90,650m used for the MRE; drilling confirmed thick, high-grade mineralisation and continuity at depth and along strike.
Pre-Feasibility Study (PFS) is on track for completion in mid-2026, with GR Engineering appointed for processing plant design.
No lost time injuries or reportable health, safety, or environmental incidents during the quarter.
Financial highlights
Cash balance at 31 December 2025 was approximately $31 million.
Net cash outflows from operating activities for the quarter were $11.1 million, mainly due to $10.7 million in exploration and evaluation costs.
Cash outflows from investing activities totaled $0.4 million, primarily for tenement acquisitions and equipment.
Cash inflows from financing activities were $0.1 million, mainly from option exercises.
Outlook and guidance
MRE update planned for mid-2026, with further drilling to target resource growth at depth and along strike.
PFS completion and final investment decision targeted for mid-2026, with first production aimed for H2 2028.
Ongoing recruitment of key project personnel and early works to de-risk and accelerate the project schedule.
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Next Minerals 260 earnings date
H1 202626 Feb, 2026
Minerals 260
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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