Highlights

  • WA Gold changed its ASX ticker from BMG to WAU as part of its company name transition.
  • The company continues exploration activities at the Bullabulling and Abercromby gold projects in Western Australia.
  • Drilling programs and technical studies remain key areas of focus across its gold portfolio.

WA Gold (ASX:WAU), formerly known as BMG Resources, is a Western Australian gold exploration company focused on advancing the Bullabulling and Abercromby gold projects. The company’s activities include exploration drilling, resource evaluation and project development studies across its portfolio.

What happened

WA Gold closed at AUD 0.014 on 25 September 2026, down 6.67% during the session.

The company’s share price activity followed a period of limited market updates. The reference to the previous BMG ticker relates to the company’s earlier trading code before its name and ticker change.

WA Gold transitioned from BMG Resources to WA Gold and began trading under the ASX Code WAU in April 2026. The company’s Shareholder holdings continued without change following the transition.

How it got here

WA Gold’s recent activities have focused on its Bullabulling and Abercromby gold projects in Western Australia.

On 19 August 2026, the company released supplementary drilling information for its Bullabulling Gold Project, including drill collar details and significant intercept data.

Bullabulling is located approximately 30 kilometres west of Coolgardie in Western Australia’s Eastern Goldfields region.

The company has received approvals for drilling along the Bullabulling Shear Zone, with exploration activities designed to evaluate gold mineralisation across the project area.

Previous drilling at Bullabulling identified near-surface gold mineralisation, including an intersection of 2 metres at 18.1 g/t gold from 34 metres.

WA Gold’s other key asset is the Abercromby Gold Project near Wiluna.

The company completed a Capital raising of $2.5 million in February 2026 to support exploration activities and expanded its planned drilling program.

WA Gold has also progressed technical evaluation work at Abercromby, with studies focused on assessing the project’s development potential.

The bigger picture

WA Gold is focused on advancing gold exploration and development Assets in Western Australia.

The company’s portfolio includes projects located within established gold regions, with exploration activities centred on identifying mineralisation, evaluating resources and progressing technical studies.

Future progress will depend on drilling results, project assessments, approvals and broader conditions affecting the gold sector.

What to watch

  • Further drilling updates from the Bullabulling Gold Project.
  • Exploration progress at Abercromby.
  • Updates from technical studies and project evaluation activities.
  • Quarterly reports and future company announcements.
  • Ongoing development plans across WA Gold’s project portfolio.