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Constellation Resources Limited (ASX:CR1)

ALERT: Price-sensitive ASX Announcement for CR1
Current share price for CR1 : $0.160 -0.005 (-3.03%)+
Announcement
Release
30 Apr 2026 8:22AM
Price at Release
$0.165
Full Release
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Summary
Constellation Resources Limited's March 2026 quarterly report details their focus on projects within Western Australia and the evaluation of new opportunities in the resources sector. They plan to commence exploration activities on two Edmund-Collier SPA-AOs after receiving permit approvals, with a focus on natural hydrogen projects covering 87,602 km². The quarter saw no mining or production activities but included related party payments of $196,000. The company completed a reverse circulation drilling program at the Ularring Copper Gold Project, supported by a $57,500 grant, to explore gold-copper anomalies.
Key Points
  • Constellation Resources Limited focused on projects in Western Australia and evaluating new opportunities in the resources sector.
  • Exploration on two Edmund-Collier SPA-AOs expected to commence pending permit approvals, involving soil gas sampling and inspection for gas seepage.
  • Total project area for natural hydrogen exploration is 87,602 km² across Edmund-Collier, Yerrida, and Ashburton Basins.
  • No mining or production activities occurred during the quarter ending 31 March 2026.
  • Payments of $196,000 made to related parties for remuneration and services.
  • Reverse circulation drilling program completed at Ularring Copper Gold Project targeting gold-copper soil anomalies.
  • Exploration Incentive Scheme grant of $57,500 awarded for the RC drilling program.
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.