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Brockman Mining Limited (ASX:BCK)

ALERT: Price-sensitive ASX Announcement for BCK
Current share price for BCK : $0.015 0.001 (7.14%)+
Announcement
Release
29 Apr 2026 6:07PM
Price at Release
$0.014
Full Release
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Summary
Brockman Mining Limited's Quarterly Activities Report and Appendix 5B Cash Flow for the quarter ending 31 March 2026 details their ongoing joint venture activities with Mineral Resources Limited and Hancock Prospecting Pty Ltd to advance the Marillana Project. The report highlights the continued progress in developing infrastructure for exporting iron ore from Marillana and Ophthalmia projects in Western Australia. The consolidated cash position as of 31 March 2026 was HK$2.8 million, with net cash used in operating activities reported at HK$4,476,000 for the quarter. The joint venture has also progressed in earning a 50% interest in both the Marillana and Ophthalmia projects, with plans for infrastructure development including a potential new port facility at Port Hedland. The financials indicate a reliance on borrowings, with HK$4,524,000 received during the quarter to support ongoing operations and development activities.
Key Points
  • Brockman Mining and Mineral Resources have a joint venture for the Marillana Project.
  • The Marillana Project is focused on iron ore production in Western Australia.
  • Cash position at the end of March 2026 was HK$2.8 million.
  • Operating activities used HK$4,476,000 in cash during the quarter.
  • Joint venture holds a 50% interest in Marillana and Ophthalmia projects.
  • Development includes new infrastructure and a port facility at Port Hedland.
  • Funding is supported by borrowings, with HK$4,524,000 raised this quarter.
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.