BMG joins the WA gold rush

FORMER Brazil iron ore hopeful BMG has moved into the gold patch with a deal to acquire three prospects in Western Australia through the acquisition of a company involving John Prineas and John Dawson of St George Mining fame.

BMG joins the WA gold rush BMG joins the WA gold rush BMG joins the WA gold rush BMG joins the WA gold rush BMG joins the WA gold rush

BMG is planning "high impact" drilling at its Abercromby gold prospect south of the Wiluna operation

The two ‘Johns' are "key members" of Oracle Mining, the vendor that's set to hold about 37% of BMG following the deal plus a share consolidation and a planned A$4 million fundraising.