InvestSMART

Buxton Resources Limited (ASX:BUX)

ALERT: Price-sensitive ASX Announcement for BUX
Current share price for BUX : $0.038 0.005 (15.15%)+
Announcement
Release
28 Oct 2025 9:32AM
Price at Release
$0.033
Full Release
download
Summary
Buxton Resources Limited released its Quarterly Activities Report and Appendix 5B for the period ending 30 September 2025. Key activities include the completion of the maiden drilling program at the Centurion Project in the Great Sandy Desert, with ongoing analysis of drill samples and geophysical surveys. The Madman Project received heritage clearances, with drilling expected to commence in the first half of 2026. A successful qualification testwork was completed for the Graphite Bull Project with a major Chinese anode manufacturer. Buxton has refocused its project portfolio on high-potential copper-gold discoveries and acquired new applications in the West Musgrave region. The company reported a cash balance of approximately AUD $1.666 million as of 30 September 2025, with leadership changes announced post-quarter. The Annual General Meeting is scheduled for 19 November 2025.
Key Points
  • Successful completion of maiden drilling program at Centurion Project.
  • Strong pathfinder assay results at Centurion received post-Quarter.
  • Madman Project received heritage clearances; drilling in H1 CY2026.
  • Graphite Bull Project completed successful testwork with a Chinese manufacturer.
  • Focus on high-potential Cu-Au discovery opportunities.
  • Cash balance at AUD $1.666 million as of end of September 2025.
  • Leadership changes included appointment of Martin Moloney as Managing Director.
  • Annual General Meeting scheduled for 19 November 2025.
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.