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King River Resources Limited (ASX:KRR)

ALERT: Price-sensitive ASX Announcement for KRR
Current share price for KRR : $0.084 0.023 (37.70%)+
Announcement
Release
28 Jul 2026 8:41AM
Price at Release
$0.061
Full Release
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Summary
King River Resources Limited reported significant operational progress during the June quarter at the Mindoolah Gold Project. They completed key technical milestones, including detailed LiDAR volumetric modeling, a close-spaced drone magnetic survey, and systematic RC drilling across primary historical stockpiles. This work is part of a broader exploration program intended to better understand the mineralization of the site. The company also reported financial activities in their Quarterly Activities/Appendix 5B Cash Flow Report, highlighting cash flows from operating, investing, and financing activities, ending the quarter with cash and equivalents of $3.678 million. The report detailed ongoing exploration efforts and the financial position, with a focus on the LiDAR survey results and Phase 1 RC drilling completion ahead of schedule.
Key Points
  • Significant operational progress at Mindoolah Gold Project.
  • Completion of detailed LiDAR volumetric modeling and drone magnetic survey.
  • Systematic RC drilling conducted across historical stockpiles.
  • Ongoing exploration to understand mineralization at the site.
  • Comprehensive financial report with cash flows from various activities.
  • Quarter ended with $3.678 million in cash and equivalents.
  • Phase 1 RC drilling completed ahead of schedule.
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.