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Citigold Corporation Limited (ASX:CTO)

ALERT: Price-sensitive ASX Announcement for CTO
Current share price for CTO : $0.012 0.008 (200%)+
Announcement
Release
1 Apr 2025 8:17AM
Price at Release
$0.004
Full Release
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Summary
This Quarterly Activities Report and Appendix 5B from Citigold Corporation Limited, dated 30 April 2024, provides an update on the company's operations and financial activities for the quarter ending 31 March 2024. The report outlines Citigold's continued efforts to progress its gold mining projects in Charters Towers, Queensland, including activities related to mine planning, permitting, and exploration. It also details the company's financial position, cash flows, and expenditure for the quarter. The document includes commentary from the company's leadership, including the CTO, regarding operational challenges, progress on key projects, and the overall strategic direction aimed at achieving near-term gold production.
Key Points
  • Citigold Corporation Limited released its Quarterly Activities Report and Appendix 5B for the period ending 31 March 2024.
  • The company continued to focus on advancing its Charters Towers gold mining projects in Queensland.
  • Activities during the quarter included mine planning, permitting, and exploration work.
  • Citigold is working towards achieving near-term gold production.
  • The report provides details on the company's cash flows, capital expenditure, and financial position.
  • Commentary from the CTO and company leadership addresses operational progress and challenges.
  • The company remains committed to its strategic objectives and long-term growth.
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.