• A 10,000m drilling campaign is about to begin at BPM’s Claw gold project
  • Claw is along strike of Capricorn Metals’ 3.4Moz Mt Gibson mine
  • Assays from soil sampling imminent


Special Report: BPM Minerals is about to start a 10,000m drill program at two highly prospective anomalies along strike from Capricorn Metals’ 3.24Moz Mt Gibson gold project in WA.

Gold, nickel and base metals explorer BPM Minerals (ASX:BPM) is accelerating exploration at its 134km2 Claw project, where Capricorn Metals (ASX:CMM) has crept within 500m of the tenement boundary.

At the Louie prospect – a gold in regolith anomaly has been identified ~500m from Capricorn’s recent exploration/resource drilling.

Then there’s the Chickie prospect – a ~1000m long, gold-in-regolith anomaly with multiple holes finishing in mineralisation.

BPM Minerals (ASX:BPM)
The Claw project and its Louie and Chick anomalies riding into the Mt Gibson tenements. Pic: Supplied (BPM)

Regional structural targets have been identified from a magnetic processing and targeting exercise undertaken by Dr Barry Murphy of Predictive Discovery (ASX:PDI) fame.

Meanwhile, heritage surveys and programs of work have been ticked off and granted by the DMIRS and drilling approvals have been granted.

As the 10,000m AC/RC drilling kicks off, BPM is also awaiting imminent soil sampling assays which will help determine targets.

The company expects to produce the first round of drilling results by March this year.



This article was developed in collaboration with BPM Minerals, a Stockhead advertiser at the time of publishing.


This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.