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Antilles Gold Limited (ASX:AAU)

ALERT: Price-sensitive ASX Announcement for AAU
Current share price for AAU : $0.006 -0.003 (-33.33%)+
Announcement
Release
31 Oct 2025 9:03AM
Price at Release
$0.009
Full Release
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Summary
Antilles Gold Limited's quarterly activities report outlines the company's financial activities and project developments for the quarter ending 30 September 2025. The report shows a net cash outflow from operating activities of $433,000, significant investments made in joint venture payments, and cash inflow from financing activities amounting to $1,538,000. The report highlights progress in the Nueva Sabana copper-gold project, including a revised Mineral Resource Estimate, ongoing pre-development costs, and a binding Memorandum of Understanding with Shandong Xinhai Mining for an EPC contract. The company is also preparing for future activities in the La Demajagua gold-silver-antimony mine, while exploration efforts at the El Pilar and La Cristina copper-gold sites are expected to continue in 2026. Cash on hand at the end of the quarter was A$1,829,000, and the company anticipates commencing construction on various project components by the end of 2025.
Key Points
  • Net cash used in operating activities was $433,000.
  • Investments in joint ventures totaled $399,000 for the quarter.
  • Cash inflow from financing activities was $1,538,000.
  • Binding MoU signed with Shandong Xinhai Mining for Nueva Sabana project.
  • La Demajagua project planning for development in 2027-28.
  • El Pilar and La Cristina exploration activities scheduled for 2026.
  • Cash on hand at quarter end was A$1,829,000.
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.