BPM Minerals secures key approvals for 10,000m program

• BPM Minerals secures final regulatory approvals to begin its maiden 10,000m reverse circulation drilling programme at the Bonnie & Clyde prospect.
• The company's shares traded down 2.22% following the market update.
• The exploration campaign aims to test previously undrilled gold-in-soil anomalies spanning over 6km.

BPM Minerals (ASX:BPM) secured key ministerial and regulatory approvals to begin a maiden 10,000-metre reverse circulation drilling programme at the Bonnie & Clyde prospect in Western Australia.

The newly approved exploration follows historical auger sampling and a recently completed 50m x 50m ultrafine fraction soil sampling programme.

BPM CEO Oliver Judd stated, "We're delighted to finally receive the final approval, allowing us to commence drilling at Bonnie & Clyde over the coming 5-10 days, at one of Australia's most compelling, untested gold exploration targets."

The 70-hole programme will test a gold-in-soil anomaly stretching over 6km that has never been tested by drilling.

BPM Minerals stated that site preparations are underway and drilling is expected to start within 5 to 10 days.

Following the announcement the BPM Minerals share price was down at $0.22.

The approval process required ministerial consent to explore the use and benefit of Aboriginal Inhabitants Reserve 40329.

The exploration team currently has a drill rig active at the nearby Beachcomber prospect.