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King River Resources Limited (ASX:KRR)

ALERT: Price-sensitive ASX Announcement for KRR
Current share price for KRR : $0.058 0.031 (114.81%)+
Release
28 Apr 2026 8:28AM
Price at Release
$0.027
Full Release
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Summary
King River Resources Limited announced its quarterly activities for the period ending 31 March 2026, highlighting significant developments. The company strategically acquired the Mindoolah Gold Project in the Murchison Province, known for its high-grade gold production. Advanced exploration activities, including LiDAR and photogrammetry surveys, are underway to develop a detailed structural understanding of the project area, aiming to unlock unmined mineral potential. In addition, the company reported total cash and investments worth $32.1 million as of 31 March 2026, and a plan to divest a portion of shares in Tivan Limited to strengthen its financial position for future exploration activities, including a maiden air-core drilling program.
Key Points
  • Strategic acquisition of Mindoolah Gold Project.
  • Advanced LiDAR and photogrammetry surveys underway.
  • High-grade historical production at Mindoolah.
  • Total cash and investments of $32.1 million as of March 31, 2026.
  • Plan to divest Tivan Limited shares to support exploration activities.
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.