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Great Dirt Resources Limited (ASX:GR8)

ALERT: Price-sensitive ASX Announcement for GR8
Current share price for GR8 : $0.580 -0.15 (-20.55%)+
Announcement
Release
21 Apr 2026 8:31AM
Price at Release
$0.730
Full Release
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Summary
Great Dirt Resources Limited, listed on ASX as GR8, reported significant strategic advancements during the March 2026 quarter. The company strengthened its leadership by appointing Tim Laneyrie as Executive Director and Sam Brooks as Consulting Geologist. They successfully raised $1.446 million to fund ongoing exploration and potential growth opportunities. The renewal of their Exploration Licence EL 9527 ensures continued exploration activities in New South Wales, primarily targeting manganese. Additionally, rock sampling at their Pilbara Project highlighted lithium potential. The quarter ended with a robust cash balance of $3.9 million, positioning GR8 well for future acquisitions.
Key Points
  • Significant corporate and strategic evolution for Great Dirt Resources Limited during the March 2026 quarter.
  • Appointment of Tim Laneyrie as Executive Director and Sam Brooks as Consulting Geologist to strengthen leadership.
  • Successful completion of a $1.446 million capital raising to support exploration activities.
  • Renewal of Exploration Licence EL 9527, securing tenure over Doherty and Basin Projects in New South Wales.
  • Rock sampling at Pilbara Project (E45/6863) indicating lithium anomalism up to 133.5 ppm Li.
  • Maintained strong balance sheet with $3.9 million in cash at the end of the quarter.
  • Ongoing assessment and review of potential project acquisition opportunities.
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.