BMG Signs MoU with WMC, Unlocking Pathway to Production at Abercromby.

BMG Resources Limited (ASX: BMG) has signed a Memorandum of Understanding (MoU) with Wiluna Mining Corporation for potential toll treatment of ore from its 100% owned Abercromby Gold Project at the nearby Matilda Processing Plant, located just 20km away. This agreement lays the groundwork for transitioning BMG from a gold explorer to a near-term producer. Abercromby boasts a JORC-compliant Mineral Resource Estimate of 11.12 million tonnes at 1.45 g/t Au, for 518,000 ounces of gold, including high-grade zones such as 935,000 tonnes at 5.06 g/t Au.

The Matilda plant, a fully operational carbon-in-leach (CIL) facility, aligns well with Abercromby’s free-milling ore, which has demonstrated high recoveries between 93% and 95%. With a granted mining lease, favourable logistics, and strong gold prices, BMG is now accelerating its scoping study to evaluate a low-capex, high-margin mining development, reinforcing its commitment to delivering shareholder value.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com