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Cavalier Resources Limited (ASX:CVR)

ALERT: Price-sensitive ASX Announcement for CVR
Current share price for CVR : $0.270 -0.02 (-6.90%)+
Announcement
Release
27 Jul 2026 8:27AM
Price at Release
$0.290
Full Release
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Summary
Cavalier Resources Limited has announced the commencement of site preparation activities at its Crawford Gold Project near Leonora, Western Australia. These early works include improvements to access tracks, initial site infrastructure, site rehabilitation, and water bore drilling. The activities mark the initiation of a broader site preparation program in anticipation of Stage 1 development. The company has been able to start these initial works due to capital raised earlier in the year and is progressing with its broader project financing process. Executive Technical Director and Interim CEO Daniel Tuffin highlighted the importance of these developments as the first step in the company's staged development plan.
Key Points
  • Site preparation activities have commenced at the Crawford Gold Project.
  • Early works include access track improvements, initial site infrastructure, site rehabilitation, and water bore drilling.
  • These activities are part of the Company's broader site preparation program ahead of Stage 1 development.
  • The capital raised earlier this year has facilitated the commencement of important early works.
  • Site preparation is the first step in the staged development plan.
  • The company is progressing with its broader project financing process.
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.