BPM Minerals (ASX: $BPM) Quarterly Activities Report Highlights

BPM Minerals Limited (ASX: $BPM) is pleased to present its quarterly activities report for the quarter ended 31st March 2024. The company completed a 171 Aircore and RC hole drill campaign across the Claw Gold Project for a total of 8,890m. Assay results from the Louie Prospect defined a coherent +1km long, +100ppb Au gold in regolith anomaly. BPM remains well-funded with cash of circa A$2.5M and continues to assess various project opportunities.

Executive Commentary on Quarterly Activities

The drilling campaign at the Claw Gold Project has provided promising results, with the identification of significant gold anomalies at the Louie Prospect and the Chickie Prospect. The completion of the Phase 2 RC drilling program is anticipated to further enhance our understanding of the mineralization and potential resource at the project. We are committed to driving a discovery in Western Australia and remain focused on exploring various project opportunities to expand our portfolio.

Summary of Quarterly Activities and Outlook

BPM Minerals' quarterly activities report highlights the completion of a substantial drill campaign at the Claw Gold Project, with significant gold anomalies identified at the Louie and Chickie Prospects. The company remains well-funded and continues to assess various project opportunities. The Phase 2 RC drilling program, expected to commence mid-year, presents an exciting opportunity to further explore the mineralization and potential resource at the Claw Gold Project. BPM Minerals is committed to driving a discovery in Western Australia and aims to expand its portfolio through exploration activities.