Assays received from nickel targeted drilling program

Investment Memo: BPM 2022

Key Objective #2: Drilling at the company’s other projects.

Today, our exploration Investment BPM Minerals (ASX: BPM) confirmed that all of the assays from its aircore drilling program at its Nepean nickel project had been received.

The assays come after BPM started a 42 hole (~1,887m) drilling program in late February of this year, which was designed to specifically test 11 different EM targets before ranking these for future follow up RC/Diamond drilling programs.

As expected BPM didn't make a new discovery here, but the confirmation of a western cluster of conductors that warrant drill testing with heavier drill rigs is a positive sign.

Whilst our focus with BPM is on the Hawkins Project we don't mind seeing small, cost effective drilling programs like this one to put together future exploration targets at BPM’s side bet projects.