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Golden Deeps Limited (ASX:GED)

ALERT: Price-sensitive ASX Announcement for GED
Current share price for GED : $0.044 0.001 (2.33%)+
Announcement
Release
31 Jul 2026 1:05PM
Price at Release
$0.043
Full Release
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Summary
Golden Deeps Ltd's quarterly activities report for the period ending 30 June 2026 highlights several key developments. The company engaged in extensive exploration activities, focusing on its projects in Namibia and Australia. Notably, Golden Deeps is preparing for a deeper diamond drilling program at the Graceland site, targeting high-grade copper-silver deposits. Additionally, the report outlines the company's cash flow activities, with significant cash inflows from financing activities, and a detailed account of its exploration expenditures. The company's cash position at the end of the quarter was $4.28 million. The report also includes updates on tenement holdings across Namibia and Australia, as well as ongoing reviews of exploration potential and strategies for future development or divestment.
Key Points
  • Golden Deeps Ltd is preparing for deeper diamond drilling at Graceland.
  • The company's cash position at the end of the quarter was $4.28 million.
  • Significant exploration activities were conducted in Namibia and Australia.
  • A detailed account of cash flows with major inflows from financing activities.
  • Report highlights ongoing reviews and potential divestment strategies.
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.