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Castle Minerals Limited (ASX:CDT)

ALERT: Price-sensitive ASX Announcement for CDT
Current share price for CDT : $0.071 0.027 (61.36%)+
Announcement
Release
16 Apr 2026 8:34AM
Price at Release
$0.044
Full Release
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Summary
Castle Minerals Limited reported on its activities for the March 2026 quarter, highlighting the acquisition of Meekasan Pty Ltd, which strengthens its presence in the Murchison Gold District of Western Australia. The company retains 100% ownership of the Polelle and Wanganui Gold Projects and is advancing exploration efforts in both Western Australia and Côte d'Ivoire. The cash position as of March 31, 2026, was A$2.25 million. A strategic leadership realignment included appointing Steve Zaninovich as Managing Director to enhance exploration and operational execution. The report also notes preparation for drill-ready targets in Côte d'Ivoire and a focus on advancing exploration activities, with no substantive mining production occurring during the quarter.
Key Points
  • Castle Minerals Limited acquired Meekasan Pty Ltd, consolidating its position in the Murchison Gold District of Western Australia.
  • Castle retains 100% ownership of the Polelle and Wanganui Gold Projects.
  • The Company is advancing its exploration efforts in both Western Australia and Côte d'Ivoire.
  • Castle's cash position at the end of March 2026 was A$2.25 million.
  • A strategic leadership realignment occurred with Steve Zaninovich appointed as Managing Director.
  • Castle is preparing drill-ready targets in Côte d'Ivoire with a significant landholding across the border with Ghana.
  • The Company aims to enhance exploration and drill readiness across its gold projects.
  • No substantive mining production occurred during the 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.