Why is WA Gold (ASX:WAU) conducting drilling at the Bullabulling Project?

WA Gold (ASX:WAU) initiated the drilling program to execute the first exploration test of multiple structural targets generated from a recent geological and geophysical review.

What are the key technical layout numbers for this exploration program?

WA Gold (ASX:WAU) is executing an initial program comprising 46 aircore holes drilled across eight strategic traverses. The collective drilling activities will encompass a total depth of 3,680m.

How is WA Gold (ASX:WAU) financing the contractor costs for this program?

WA Gold (ASX:WAU) has contracted VM Drilling to execute a portion of the exploration operations in exchange for equity. The company stated that this specific arrangement demonstrates project confidence while preserving its cash reserves.

What are the pipeline timelines for the upcoming exploration steps at the site?

WA Gold (ASX:WAU) has scheduled a sub-audio magnetics survey to take place during the third quarter of 2026. The business expects this geophysical data to refine its physical targets and dictate subsequent drilling phases.

What geographic area is being targeted by the project layout?

WA Gold (ASX:WAU) is exploring the interpreted northern continuation of the Bullabulling Shear Zone located 30 kilometres west of Coolgardie in Western Australia. This target area sits immediately adjacent to an existing gold mine containing a resource of 130 million tonnes at 1.0 gram per tonne for 4.5 million ounces of gold.

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WA Gold starts drilling at Bullabulling Project

Written by Heidi Cuthbert Published Jul 1, 2026, 1:00 AM

WA Gold has commenced a 46-hole reconnaissance drilling programme at its wholly owned Bullabulling Project in Western Australia.
Following the announcement, the company's share price remained unchanged at $0.018.
The initial exploration programme aims to test priority structural targets beneath transported cover to expand the company's gold resource portfolio.

WA Gold (ASX:WAU) has commenced a 46-hole aircore drilling programme covering 3,680m at its Bullabulling Project in Western Australia.

The exploration marks the first drill test of several structural targets following a recent geological and geophysical review of the tenure.

"The commencement of drilling at Bullabulling is an exciting milestone for WA Gold as we begin testing what we believe is the northern continuation of one of Western Australia’s most prolific gold-bearing structures," said WA Gold CEO Ben Pollard.

The programme includes a follow-up of historical gold intercepts, with drilling contractor VM Drilling undertaking part of the programme for equity to reduce cash expenditure.

The exploration company expects a sub-audio magnetics survey scheduled for the third quarter of 2026 to refine structural targets and guide subsequent drilling phases.

Following the announcement, the WA Gold share price was unchanged at $0.018.

The business previously operated under the name BMG Resources before changing its identity to WA Gold in April 2026.

The company is simultaneously advancing its flagship Abercromby Gold Project, where a scoping study was recently completed to support a pathway towards future production.

WA Gold starts drilling at Bullabulling Project

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