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Gullewa Limited (ASX:GUL)

ALERT: Price-sensitive ASX Announcement for GUL
Current share price for GUL : $0.086 0.017 (24.64%)+
Announcement
Release
27 Jul 2026 2:11PM
Price at Release
$0.069
Full Release
download
Summary
Gullewa Limited's quarterly report for the period ending 30 June 2026 highlights the completion of construction projects in Hunter Valley and progress in the South Darlot Gold Project, including resource re-estimates, environmental studies, and renewal of mining leases. The company also announced a dividend payout and continues to evaluate potential new projects.
Key Points
  • Gullewa Limited reported their activities for the quarter ended 30 June 2026.
  • Construction of 13 lots in Hunter Valley Solutions Pty Ltd, which is 98.4% owned by Gullewa Limited, has been completed.
  • Central Iron Ore Limited, 66% owned by Gullewa Limited, completed various activities at the South Darlot Gold Project, including a mineral resource re-estimate and a review of the resource estimate at Endeavour.
  • Central Iron Ore is working on environmental permits, with ongoing studies in fauna, flora, and water.
  • A draft Mining Development and Closure Proposal is being prepared, supported by a small soil sampling campaign for the Mine Closure Plan.
  • A renewal application for Mining Lease M37/30 was lodged, and a negotiation period with the Native Title Party has commenced.
  • A new operating license under the Environmental Protection Act 1986 was issued.
  • A dividend of $0.07 per share was declared and paid, amounting to a total payment of $1,527,030.30.
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.