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Lord Resources Limited (ASX:LRD)

ALERT: Price-sensitive ASX Announcement for LRD
Current share price for LRD : $0.013 -0.009 (-40.91%)+
Announcement
Release
30 Jan 2026 10:46AM
Price at Release
$0.022
Full Release
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Summary
Lord Resources Limited's Quarterly Activities/Appendix 5B Cash Flow Report for the quarter ending in December 2025 outlines significant operational and financial activities. The company focused its efforts on the Ilgarari Copper Project in Western Australia, where recent drilling confirmed high-grade copper mineralisation. Financial activities included a net cash outflow from operating activities of $757,000, and exploration and evaluation expenditures totalling $855,000. No activities were reported for other projects like Horse Rocks and Jingjing Lithium Projects. The company decided not to proceed with a previously announced entitlement offer and reported cash and cash equivalents of $890,000 at the end of the quarter. The company plans to reduce exploration expenditure in the upcoming quarter as it focuses on assessing recent drilling results.
Key Points
  • Net cash from operating activities: -$757,000
  • Exploration and evaluation expenditure: $855,000
  • Ilgarari Copper Project drilling confirmed high-grade copper
  • No activities for Horse Rocks and Jingjing Lithium Projects
  • Cash and cash equivalents at the end of the quarter: $890,000
  • Entitlement offer did not proceed
  • Planned reduction in exploration expenditure next quarter
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.