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29Metals Limited (ASX:29M)
ALERT: Price-sensitive ASX Announcement for 29M
Current share price for 29M : $0.363 -0.258 (-41.53%)+
Release
20 Jan 2026 9:29AM
Price at Release
$0.620
Full Release
Summary
The December 2025 Quarterly Report for 29Metals Limited provides an overview of the company's mineral resources and ore reserves as of December 31, 2024. The report includes detailed estimates of ore reserves for both the Golden Grove and Capricorn Copper sites. Highlights include the suspension of operations at Capricorn Copper as of March 26, 2024, with no significant changes to resource estimates since the December 2023 estimates. At Golden Grove, the report details ore reserves with changes due to production depletion, updated cut-off values, and economic assumptions. The report emphasizes the substantial mineral resources present at Capricorn Copper, highlighting its established infrastructure and extensive land position in the Mt. Isa inlier province.
Key Points
- 31 December 2024 Ore Reserves and Mineral Resources estimates provided.
- Capricorn Copper operations suspended since 26 March 2024.
- Significant mineral resources and infrastructure at Capricorn Copper.
- Golden Grove ore reserves updated for production depletion and economic assumptions.
- Substantial contained copper metal endowment at Capricorn Copper.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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