Minerals 260 (ASX: MI6) — Company Overview, News & Financial Data
Minerals 260 is an Australian mineral exploration company focused on developing precious and base metal projects.
Minerals 260
Minerals 260 is a mineral exploration and development company focused on precious and critical mineral assets in Western Australia. The company's flagship asset is the Bullabulling Gold Project located in the Eastern Goldfields region near Coolgardie, which encompasses significant historical resources and growth potential. Minerals 260 also holds exploration properties including the Moora Gold-Copper-Nickel-PGE Project and the Koojan Joint Venture situated within the Julimar mineral province. Through systematic drilling programs, geophysical surveys, and metallurgical evaluations, the company works to delineate mineral resources and advance its portfolio toward commercial production.
Snapshot
Operations
Products and/or services of Minerals 260
- Gold Development: Flagship open-pit gold development asset situated in the Eastern Goldfields region of Western Australia, featuring significant historical resource bases, processing facility design, and ongoing drill campaigns aimed at expanding near-surface gold mineralization.
- Gold and Base Metals Exploration: Exploration programs across contiguous tenement packages in the prospective Julimar mineral province of Western Australia, targeting magmatic nickel-copper-platinum group element deposits and intrusion-related gold system targets through deep drilling.
- Joint Venture Mineral Projects: Farm-in exploration partnerships covering expansive land positions adjacent to major mineral discoveries, utilizing airborne geophysics, systematic soil sampling, and electromagnetic surveys to delineate drill-ready anomalies across regional targets.
- Lithium and Critical Minerals Targets: Systematic target generation and field mapping for pegmatite-hosted lithium mineralization within prospective greenstone belts in Western Australia, including rock-chip sampling, historical core reassessment, and initial reconnaissance drilling.
- Regional Precious Metals Prospecting: Early-stage exploration across prospective structural corridors in Western Australia, employing reverse circulation and diamond drilling to evaluate geophysical anomalies, historic workings, and shallow soil anomalies for commercial precious metal deposits.
- Feasibility and Technical Evaluation: Comprehensive project development activities including metallurgical testwork, geotechnical evaluations, hydrological assessments, and environmental baseline studies required to advance mineral deposits through regulatory permitting and technical feasibility stages.
Minerals 260 executive team
- Luke Charles McFadyenMD & Director
- Jamie Michael ArmesCFO & Company Secretary
- John DermodyChief Operating Officer
- Russell BrooksChief Development Officer
- Josh HainGeneral Manager of Investor Relations
- Matthew BlakeExploration Manager
- Mark MullerGeneral Manager of Geology
Latest news about Minerals 260
Minerals 260 raises $250M for Bullabulling Project
AustraliaMinerals 260 secures $200M funding for Bullabulling Project
AustraliaMinerals 260 expands Bullabulling Gold Project
AustraliaMinerals 260 secures FIRB approval for Bullabulling funding
AustraliaMinerals 260 secures $220M Bullabulling Project funding
Australia
Recent announcements
What Minerals 260 (MI6) has told the market, newest first.
- Grade Control Drilling Strengthens Bullabulling ResourcePrice sensitive
- Ceasing to be a substantial holder
- Becoming a substantial holder
- Appendix 4G and Corporate Governance Statement 2026
- 2026 Annual Report to Shareholders
Key financials
Reported results for Minerals 260, in AUD.
- Market cap
- 1.8B
- Revenue (TTM)
- 0
- P/E ratio
- 18.5
- EPS (diluted, TTM)
- 0.0
- Dividend yield
- —
- Profit margin
- 0.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| — | -65.8M | 83.5M | |
| — | -12.8M | -11.5M | |
| 589.1K | -8.3M | -7.7M | |
| 804.2K | -13.9M | -13.1M |