By Digifin Pty Ltd · About this coverage
Key Points
- Works Approval granted by the WA Department of Water and Environmental Regulation
- Covers the processing plant, power infrastructure and tailings storage facility
- Still subject to the Native Vegetation Clearance Permit and Mine Development and Closure Proposal
- Remaining approvals on track to support FID in Q1 CY2027
About Minerals 260 (ASX:MI6)
Minerals 260 Limited is an ASX-listed gold development company headquartered in West Perth. Its principal asset is the Bullabulling Gold Project near Coolgardie in Western Australia's Eastern Goldfields.
Minerals 260 (ASX:MI6) announced that the Western Australian Department of Water and Environmental Regulation has granted the Works Approval for its Bullabulling Gold Project, one of the approvals sought ahead of a Final Investment Decision.
The Works Approval enables development of key facilities, such as the processing plant, power infrastructure and tailings storage facility, at the 100%-owned project. Bullabulling is a potential open pit mining operation 25km south-west of Coolgardie in the Eastern Goldfields and hosts a JORC 2012 Mineral Resource Estimate of 190Mt @ 1.0g/t Au for 6.2Moz of gold on granted mining leases. The company says the remaining approvals are under assessment through the Western Australian State approvals pathway and are on track to support the Board's FID in Q1 CY2027. Managing Director Luke McFadyen links the approval to the company's first production target in 2028.
Development under the Works Approval remains subject to receipt of the Native Vegetation Clearance Permit and the Mine Development and Closure Proposal. FID has not been taken, and the release does not state the project's capital cost.
Source: Minerals 260 Limited (ASX:MI6), 12 November 2026. Summary content supplied by Digifin Pty Ltd.
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