BPM Minerals announces promising assay results

BPM Minerals (ASX:BPM) has released final assay results from the second round of drilling at the Louie Gold Discovery, part of the Claw Project in Western Australia. These results reveal high-grade gold mineralization, with notable intercepts including 25m @ 1.27 g/t Au and 10m @ 1.12 g/t Au, defining a 600m high-grade core within a larger gold anomaly. The company plans further drilling to explore these promising findings.

Summary and outlook for BPM Minerals' exploration

BPM Minerals has delivered promising assay results from the Louie Gold Discovery, highlighting high-grade gold potential within the Claw Project. The results underscore a 600m high-grade core within a 1,000m anomaly, with plans for a 2,500m RC drilling program to explore further at depth. Positioned near significant gold projects, BPM is strategically placed to capitalize on this discovery. The company's exploration ambitions include aggressive drilling and a new tenement application, backed by recent funding of $1.675m. As BPM advances its exploration efforts, they aim to unlock substantial value from this greenfield opportunity, while ensuring compliance with environmental and heritage regulations.

Executive commentary on Louie Discovery results

CEO Oliver Judd expressed optimism about the drilling results and the potential economic gold resources at the Louie Prospect. Emphasis on the project's strategic location in a well-endowed gold environment.