Minerals 260 Limited’s Bullabulling Gold Project continues to generate positive momentum with its maiden drilling campaign now 40% complete, having drilled over 30,000 metres in pursuit of extending its current 2.3 million ounce resource. The company has announced assay results for an additional 55 reverse circulation (RC) holes, covering 12,686 metres, which highlight multiple wide intercepts such as 22 metres at 3.25 grams per tonne gold—including sub-intervals showing enhanced grades—as well as several narrower, high-grade intervals (for example, 1 metre at 23.4 g/t and 1 metre at 15.0 g/t) that underscore the robust nature of the mineralisation. The drilling program at Bullabulling has been strategically designed to both infill and extend existing deposits. Early results from the Bacchus, Kraken, and Phoenix deposits confirm that the mineralisation is continuous at depth and along strike. Notably, the drilling has transitioned to deeper targets with average RC hole depths reaching 220 metres, a significant jump from the previous average of 60 metres. This deeper drilling not only reinforces the current resource estimate but also opens clear opportunities to expand key deposits such as the 930,000-ounce Phoenix and the 894,000-ounce Bacchus zones. In addition to the RC and diamond core drilling, Minerals 260 Limited is employing other exploration techniques including auger drilling at the Gibraltar prospect, Dipole-Dipole Induced Polarisation surveys over the Bacchus and Kraken targets, and heritage surveys in cooperation with local traditional owners. These complementary programs are intended to inform further infill, step-out, and extension drilling, and the updated Mineral Resource Estimate remains on track for calendar quarter 4 of 2025. The technical data displays a strong performance with consistent mineralisation that matches historical results, and the interception of new lenses of gold outside of the previously defined pit shells strengthens the geological model. The company has reported an extensive drilling footprint of 143 holes for 30,367 metres, with assay results for 74 holes previously published and 69 more awaiting, underscoring both the systematic progress and the rigour applied to delineating the deposit. From a market perspective, the news carries a bullish undertone, particularly for investors considering junior gold exploration opportunities. Positive drilling intercepts, a clear potential to upgrade and extend the current resource, and the strategic focus on both infill and extensional drilling create an attractive narrative. The deepening drill holes, improved technical parameters, and planned follow-up activities further hint at an eventual uplift in resource estimates—all of which tend to buoy investor sentiment. Conversely, some caution is warranted given the inherent risks in exploration and the forward-looking nature of the stated assumptions. Pending assay results and the challenge of translating initial drilling success into a definitive resource upgrade might present short-term uncertainties. Moreover, technical and operational challenges typical of deep drilling programs remain a factor to be monitored closely. Overall, Minerals 260 Limited’s drilling update demonstrates significant progress at the Bullabulling Gold Project, with technical indicators and strategic plans that suggest a promising outlook for resource expansion, while still carrying the typical exploration risks that beginner traders should factor into their analysis.