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Metal Bank Limited (ASX:MBK)

ALERT: Price-sensitive ASX Announcement for MBK
Current share price for MBK : $0.012 0 (0%)+
Release
29 Jul 2026 9:04AM
Price at Release
$0.012
Full Release
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Summary
Metal Bank Limited's quarterly activities report for the period ending 30 June 2026 focuses on advancing their gold projects in Western Australia, specifically the Whiteheads and Livingstone projects, as part of their WA Gold Strategy. Key developments include progressing the Seven Leaders deposit towards production, applying for mining leases, advancing exploration and mining plans, and collaborating on a value engineering study for gold recovery. The company also continues to develop the Millennium Co-Cu-Au project in Queensland, which presents a near-term critical minerals development opportunity. A successful share placement raised $1.2 million to support ongoing projects.
Key Points
  • Continued execution of the WA Gold Strategy.
  • Progress towards production at Seven Leaders deposit.
  • Mining lease applications for Homestead and Winja deposits.
  • Value engineering study for gold recovery initiated.
  • Advancements in Millennium Co-Cu-Au project development.
  • Successful $1.2 million share placement completed.
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.