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Lord Resources Limited (ASX:LRD)

ALERT: Price-sensitive ASX Announcement for LRD
Current share price for LRD : $0.013 -0.006 (-31.58%)+
Release
28 Apr 2026 5:43PM
Price at Release
$0.019
Full Release
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Summary
Lord Resources Limited's quarterly activities report for the period ending 31 March 2026 highlights ongoing efforts in geological modeling for the Ilgarari Copper Project in Western Australia. The company continued to evaluate opportunities within its portfolios, focusing on commodities critical to energy transition. No new fieldwork was undertaken for the Horse Rocks Lithium or Jingjing Lithium projects. Financially, the company had a net cash outflow of $165,000 from operating activities and maintained cash reserves of $712,000, while no significant production activities were reported for the quarter.
Key Points
  • Advancement of geological modeling and data integration at Ilgarari Copper Project.
  • Focus on copper, lithium, and gold projects in Western Australia.
  • No new fieldwork at Horse Rocks Lithium Project or Jingjing Lithium Project during the quarter.
  • Cash and cash equivalents at the end of the period were $712,000.
  • Net cash used in operating activities was $165,000 for the quarter.
  • No substantive mining production and development activities during the quarter.
  • Payment of $34,170 to related parties, including director fees.
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.