InvestSMART

Citigold Corporation Limited (ASX:CTO)

ALERT: Price-sensitive ASX Announcement for CTO
Current share price for CTO : $0.014 -0.005 (-26.32%)+
Announcement
Release
30 Jan 2026 12:59PM
Price at Release
$0.019
Full Release
download
Summary
Citigold Corporation Limited reported its quarterly activities for the period ending 31 December 2025. The company focuses on its Charters Towers Gold Project, aiming to produce over 300,000 ounces of gold annually. During the quarter, Citigold reviewed and updated geological data and mine models for the Central area, where it aims to restart mining operations. The report notes stable mineral resources and ore reserves, adhering to JORC 2012 standards. Financial activities included a net cash decrease from operations and investments, but a positive cash flow from financing activities. The report covers various operational and financial details, including cash flows, exploration, mine design, safety, and corporate actions.
Key Points
  • Citigold is focused on the Charters Towers Gold Project.
  • The company aims to produce over 300,000 ounces of gold annually.
  • Mineral resources and ore reserves remained unchanged.
  • Cash flows showed a net decrease from operations and investments.
  • Positive cash flow from financing activities was reported.
  • Geological data and mine models were updated for the Central area.
  • No new exploration drilling was undertaken during the quarter.
  • The company held its 2025 Annual General Meeting with all resolutions passed.
  • Efforts continue to secure funding and restart mining operations.
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.