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Constellation Resources Limited (ASX:CR1)

ALERT: Price-sensitive ASX Announcement for CR1
Current share price for CR1 : $0.160 0.04 (33.33%)+
Announcement
Release
27 Jul 2026 9:54AM
Price at Release
$0.120
Full Release
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Summary
Constellation Resources Limited released its June 2026 Quarterly Report, highlighting its focus on projects in Western Australia and evaluation of new opportunities in the resources sector. During the quarter, the company secured Special Prospecting Authorities with Acreage Options in the Edmund-Collier Basin for natural gas, hydrogen, and helium exploration, conducted by Dr. Mark Partington and others. The Ularring Copper Gold Project reported significant copper and gold intercepts from reverse circulation drilling, indicating regional prospectivity along the Meenar Shear. Corporate activities included a pro-rata entitlement offer to raise approximately $3.22 million, and ongoing efforts to identify and acquire new business opportunities. The financial statements showed a decrease in cash and cash equivalents with significant exploration and evaluation expenditures.
Key Points
  • Special Prospecting Authorities with Acreage Options granted in Edmund-Collier Basin.
  • Significant copper and gold intercepts at Ularring Copper Gold Project.
  • Pro-rata entitlement offer to raise approximately $3.22 million.
  • Focus on projects in Western Australia and new opportunities.
  • Decrease in cash and cash equivalents due to exploration expenditures.
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.