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Fin Resources Limited (ASX:FIN)

ALERT: Price-sensitive ASX Announcement for FIN
Current share price for FIN : $0.005 -0.006 (-54.55%)+
Announcement
Release
30 Apr 2026 9:11AM
Price at Release
$0.011
Full Release
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Summary
Fin Resources Limited released its Quarterly Activities Report and Appendix 5B for the period ending 31 March 2026. The company highlighted significant activities at the Cabin Lake Gold Project, including the completion of several drill holes at multiple prospects which confirmed high-grade gold mineralisation. Financially, the company had A$1.64 million in cash at the end of the quarter and secured an additional A$1.2 million from a tranche of equity placement, primarily funding exploration activities. A$1.7 million was spent on exploration, primarily for the Cabin Lake Project, and A$0.2 million on its acquisition. Payments for administration and corporate costs totaled A$183K. The company anticipates continuing funding operations through equity raises, having completed a A$3.75 million equity raising during the quarter. The report emphasizes ongoing engagement with the Tłıc̨hǫ Government for project support and outlines forward-looking statements based on the company’s strategic plans.
Key Points
  • Quarterly Activities Report & Appendix 5B cover period ending 31 March 2026.
  • Exploration focus on Cabin Lake Gold Project with confirmed high-grade gold mineralisation.
  • Financial position includes A$1.64 million cash and A$1.2 million from equity tranche.
  • Total exploration expenditure of A$1.7 million and corporate costs of A$183K.
  • Successful completion of A$3.75 million equity raising.
  • Ongoing exploration supported by geophysics and drilling programs.
  • Engagement with Tlic?ho Government for project support.
  • Forward-looking statements outline strategic project plans.
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.