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Core Energy Minerals Ltd (ASX:CR3)

ALERT: Price-sensitive ASX Announcement for CR3
Current share price for CR3 : $0.007 0 (0%)+
Announcement
Release
31 Jul 2026 2:58PM
Price at Release
$0.007
Full Release
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Summary
Core Energy Minerals Ltd has provided an update on its exploration activities for the quarter ending 30 June 2026, highlighting encouraging results from its projects in Brazil and Australia. The Tunas Rare Earths Project in Brazil confirmed the continuity of thick, near-surface REE mineralisation, including significant yttrium values. Additionally, leach tests validated the recoverability of rare earth elements. The Campo Largo Project showed promising initial assay results with high TREO and MREO grades. In South Australia, the Cummins Project revealed a broad REE-enriched system. Financially, the company reported having $469k in cash, and also provided details on its Convertible Notes financing activities.
Key Points
  • Core Energy Minerals Ltd reported continued strong exploration results at its Brazilian and Australian projects.
  • The Tunas Rare Earths Project confirmed thick, near-surface REE mineralisation with additional assay results indicating significant yttrium values.
  • Leach tests confirmed the recoverability of rare earth mineralisation at Tunas.
  • At the Campo Largo Project, initial assays showed significant TREO and MREO grades.
  • The Cummins Project in South Australia returned significant REE intercepts, indicating a broad REE-enriched system.
  • As of 30 June 2026, the company had $469k in cash to advance its exploration assets.
  • Core Energy Minerals Ltd issued unsecured Convertible Notes with a $1.8 million face value, and $0.35 million has been converted to options as of the December quarter 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.