Minerals 260 Limited has advanced its exploration efforts at the Bullabulling Gold Project in Western Australia with encouraging drilling results from its maiden campaign. The Company reported that 19 holes, totaling nearly 3,826 metres of drilling, yielded a notable intercept of 62 metres averaging 1.1 grams per tonne of gold, with several shorter intercepts showing even higher grades – including 1 metre intervals of 23.9 g/t, 6.6 g/t, and 4.5 g/t gold. These results were obtained from prominent drillholes, with the Phoenix deposit, which currently contains an estimated 930,000 ounces at 1.1 g/t gold, at the forefront of the exploration program. The exploration strategy is comprehensive. Minerals 260 Limited is deploying six rigs—four reverse circulation and two diamond drill rigs—and plans approximately 80,000 metres of additional drilling. The program will target multiple extensions: infilling to upgrade the 2.3-million-ounce resource estimate, testing for strike extensions along a mineralised corridor that spans 8.5 kilometres and beyond, and probing significant depth targets that could further enhance resource confidence. True widths of mineralisation are estimated to be between 85% and 95% of the reported drillhole intercepts, bolstering confidence in the intercept data. A follow-up updated Mineral Resource Estimate is expected to be released in December 2025 as part of the project’s extended development pathway. Management highlighted the significance of these intercepts, noting that they represent some of the thickest intervals recorded in the project’s 35-year history. Furthermore, the Company reported that consistent drilling results support the potential for a large-scale open pit operation, bolstered by the project’s location on granted Mining Leases near established gold mining infrastructure, approximately 65 kilometres from Kalgoorlie. For novice traders evaluating the advancement of Minerals 260 Limited, the bullish aspects of this announcement include the first robust drill results with multiple high-grade intervals, a well-planned and extensive drilling program with six rigs on site, and a clear strategy to extend both the depth and strike of the current resource. These factors suggest a high exploration potential and long-term resource expansion. On the bearish side, investors should consider the inherent uncertainties of maiden exploration campaigns, with a significant portion of assay results pending from over 50 additional holes. Forward-looking statements bring risks inherent to exploration and resource upgrade processes, which may delay or temper expected outcomes. Overall, while the results are promising, further confirmation through additional drilling and updated resource estimates will be key to affirming the project's potential.