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Enterprise Metals Limited (ASX:ENT)

ALERT: Price-sensitive ASX Announcement for ENT
Current share price for ENT : $0.004 0.001 (14.29%)+
Announcement
Release
31 Jul 2026 4:28PM
Price at Release
$0.004
Full Release
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Summary
Enterprise Metals Limited focused on defining priority drilling programs and continued land access negotiations during the quarter ending 30 June 2026. The company has a diverse portfolio of exploration projects in Western Australia, targeting gold, base metals, and rare earth minerals. Financially, Enterprise Metals reported a net cash outflow from operating activities of $36,000 and from investing activities of $394,000, while net cash from financing activities amounted to $375,000, resulting in cash and cash equivalents of $379,000 at the end of the period. The company remains proactive in seeking additional funding and strategic project opportunities.
Key Points
  • Enterprise Metals Limited conducted extensive exploration on Mandilla Gold Project.
  • The company undertook aircore drilling at the Coorow permit targeting heavy minerals and titanium.
  • A helicopter AEM survey identified potential VMS targets in the Murchison Project.
  • The net cash outflow from operating activities was $36,000 for the quarter.
  • Enterprise Metals reported cash and cash equivalents of $379,000 at the end of the quarter.
  • The company remains focused on strategic growth and securing additional funding.
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.