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Carbine Resources Limited (ASX:CRB)

ALERT: Price-sensitive ASX Announcement for CRB
Current share price for CRB : $0.007 -0.001 (-12.50%)+
Announcement
Release
30 Jul 2026 2:51PM
Price at Release
$0.008
Full Release
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Summary
Carbine Resources Limited, an Australian mining exploration entity, reported on their quarterly activities and financials for the period ending 30 June 2026. The company focused on two main silica sand projects: the Muchea West Silica Sand Project and the Down South Silica Sand Project. The Muchea West Project, located near Perth, continues to progress with regulatory, land access, and environmental preparations for future drilling. The Down South Project, near Bunbury, has secured access agreements and is preparing for a drilling campaign. The company's total expenditures during the quarter included $162k for exploration, primarily for tenement fees and project evaluations. Cash and cash equivalents at the end of the period were $1,036,000, with an estimated 3.42 quarters of funding available. Carbine Resources did not undertake significant financing activities nor acquire or dispose of interests during the quarter.
Key Points
  • Carbine Resources Limited focuses on silica sand projects in Western Australia.
  • Muchea West Project is progressing with regulatory approvals.
  • Down South Project has secured access agreements for drilling.
  • Quarterly expenditure on exploration was $162k.
  • Cash equivalents at quarter-end were $1,036k.
  • Estimated 3.42 quarters of funding available.
  • No significant financing activities undertaken.
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.