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EMC Gold Corporation (ASX:EM3)

ALERT: Price-sensitive ASX Announcement for EM3
Current share price for EM3 : $0.205 0 (0%)+
Announcement
Release
29 Apr 2026 5:25PM
Price at Release
$0.205
Full Release
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Summary
EMC Gold Corporation's Quarterly Activities Report for the period ending March 31, 2026, outlines the company's operational and financial activities. The company is engaged in optimizing the Salave Gold Project in Spain, which includes exploring the use of inert sand by-products for industrial purposes and planning a drilling campaign to better understand mineralization. The company also addressed a procedural court ruling that does not affect the project's technical merits. In Australia, EMC surrendered the Ivan Well exploration tenement in Western Australia, completing its relinquishment process. Financially, the company reported a cash position of CAD$4.625 million at the quarter's end and a net cash outflow from operating activities of CAD$424k. Total payments to related parties amounted to CAD$87k for director fees and salaries.
Key Points
  • Optimization of Salave Gold Project
  • Use of inert sand by-products for industrial purposes
  • Planning of drilling campaign for mineralization understanding
  • Procedural court ruling on Salave Project
  • Surrender of Ivan Well exploration tenement in Western Australia
  • Cash position at CAD$4.625 million as of March 31, 2026
  • Net cash outflow from operating activities of CAD$424k
  • Payments to related parties totaled CAD$87k
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.