InvestSMART

CuFe Ltd (ASX:CUF)

ALERT: Price-sensitive ASX Announcement for CUF
Current share price for CUF : $0.053 0.008 (17.78%)+
Announcement
Release
30 Jan 2026 9:31AM
Price at Release
$0.045
Full Release
download
Summary
CuFe Ltd reported its activities and cashflow for the quarter ended 31 December 2025. The company focused on several projects, including the Tennant Creek Copper/Gold Project with significant updates on mineral resources, and approval for additional drilling under a new Environmental Mining Licence framework. The company also worked on joint processing plant options through its alliance with Emmerson Resources and Tennant Minerals. Financially, CuFe completed a strategic private placement raising $5.4 million and ended the quarter with $6.5 million in cash. Exploration and evaluation expenditures amounted to $155,000, while production-related expenses for the JWD Project totaled $219,000.
Key Points
  • CuFe Ltd's Quarterly Activities Report for the quarter ended 31 December 2025.
  • Tennant Creek Copper/Gold Project updates including resource updates and additional drilling permits.
  • Joint processing plant options explored with Tennant Creek Alliance partners.
  • Successful capital raising through a private placement of $5.4 million.
  • Cash position at the end of the quarter was $6.5 million.
  • Exploration and evaluation expenditures during the quarter totaled $155,000.
  • Production expenses for the JWD Project were $219,000.
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.