Canterbury Resources Ltd (ASX:CBY)

The Quarterly Activities/Appendix 5B Cash Flow Report for Canterbury Resources Limited (ASX: CBY) outlines the financial and operational activities for the quarter ended 30 September 2025. The report details a net cash outflow from operating activities of $349,000, primarily due to staff and administrative costs. The company reported no significant cash flows from investing or financing activities, resulting in the cash and cash equivalents at the end of the period being $330,000. The report highlights the company's focus on high-risk, high-reward exploration projects in Australia and Papua New Guinea, with key partnerships with Rio Tinto, Alma Metals, and Syndicate Minerals. Current projects include significant mineral resources at the Briggs copper deposit in Queensland and the Idzan Creek and Wamum Creek copper-gold deposits in PNG. The total available funding at the end of the quarter was $830,000, providing an estimated 2.3 quarters of operational funding.