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Brockman Mining Limited (ASX:BCK)

ALERT: Price-sensitive ASX Announcement for BCK
Current share price for BCK : $0.012 -0.005 (-29.41%)+
Announcement
Release
29 Jan 2026 7:39PM
Price at Release
$0.017
Full Release
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Summary
Brockman Mining Limited's quarterly activities report for the period ending 31 December 2025 highlights the advancement of the Marillana Project in collaboration with MinRes, including infrastructure development studies and social consultations with Traditional Owners. The report details significant drilling results at the Punda Springs project and outlines corporate activities, including a consolidated cash position of HK$2.7 million and payments to related parties. The appendix 5B cash flow report shows a net cash decrease primarily due to operating activities, with payments for exploration and staff costs being significant contributors.
Key Points
  • Advancement of Marillana Project with MinRes and Hancock JV.
  • Encouraging drilling results at Punda Springs project.
  • Consolidated cash position at HK$2.7 million as of December 31, 2025.
  • Significant payments for exploration and staff costs.
  • No mining production or development activities recognized for the quarter.
  • Proceeds from borrowings amounting to HK$4,524,000.
  • Net cash decrease due to operating and investing activities.
  • Payments to related parties included executive and non-executive directors' fees.
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.