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Grange Resources Limited (ASX:GRR)

ALERT: Price-sensitive ASX Announcement for GRR
Current share price for GRR : $0.145 -0.045 (-23.68%)+
Announcement
Release
2 Apr 2026 9:58AM
Price at Release
$0.190
Full Release
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Summary
Grange Resources Limited has released its annual Mineral Resource and Ore Reserve Statement for the Savage River Operations as of December 31, 2025. The report indicates that mineral resources and ore reserves have remained relatively stable over the past year, with minor reductions due to depletion from ongoing mining activities. The Mineral Resource is estimated at 464 million tonnes at 44% DTR, while the Ore Reserve is estimated at 96 million tonnes at 44.7% DTR. The company has continued to develop its underground mining capabilities, supported by significant drilling and development work. The governance of these resources is managed by experienced senior staff, ensuring compliance with industry standards.
Key Points
  • Grange Resources Limited (ASX: GRR) presents its Annual Mineral Resource and Ore Reserve Statement as at 31 December 2025 for Savage River Operations in Tasmania.
  • The Mineral Resources and Ore Reserves have remained relatively stable compared to the previous year, with slight decreases due to mining depletion.
  • The December 2025 Mineral Resource estimate is 464 million tonnes at 44% DTR, above a cut-off grade of 15% DTR.
  • The December 2025 Ore Reserve estimate is 96 million tonnes at 44.7% DTR, to be mined by both opencut and underground methods.
  • The Underground Ore Reserve is supported by extensive development and drilling, including over 37 kilometers of drilling and 5,100 meters of lateral development.
  • Governance of the Mineral Resource and Ore Reserve is overseen by senior management at Grange, with several key staff having significant experience in mining geology and resource estimation.
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.