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Australian Critical Minerals Limited (ASX:ACM)

ALERT: Price-sensitive ASX Announcement for ACM
Current share price for ACM : $0.035 -0.022 (-38.60%)+
Announcement
Release
31 Jul 2025 9:48AM
Price at Release
$0.057
Full Release
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Summary
Australian Critical Minerals Limited (ACM) released its Quarterly Activities and Appendix 5B Cash Flow Report for the period ending 31 March 2023. During the quarter, ACM focused on advancing its portfolio of critical minerals projects, including lithium, rare earths, and other battery metals, across Western Australia. Key activities included progressing exploration programs at the Cooletha, Rankin Dome, and Shaw projects, as well as undertaking soil sampling, mapping, and heritage surveys. The company also detailed its listing on the ASX, reported the completion of its first drilling program at Cooletha, and highlighted positive geochemical results. Financially, ACM provided a summary of cash flows, expenditure on exploration and evaluation, and available cash at quarter end, confirming it is sufficiently funded for upcoming exploration activities.
Key Points
  • ACM advanced exploration across its critical mineral projects in Western Australia.
  • The company focused on lithium, rare earths, and battery metals.
  • Key projects included Cooletha, Rankin Dome, and Shaw.
  • Activities involved soil sampling, mapping, and heritage surveys.
  • Completion of the first drilling program at Cooletha with positive geochemical results.
  • ACM listed on the ASX during the reporting period.
  • Financial report includes summary of cash flows and exploration expenditure.
  • ACM maintains sufficient funding for future exploration activities.
  • No production or significant sales reported in the quarter.
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.