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Moonlight Resources Ltd (ASX:ML8)

ALERT: Price-sensitive ASX Announcement for ML8
Current share price for ML8 : $0.155 -0.04 (-20.51%)+
Announcement
Release
29 Jan 2026 12:33PM
Price at Release
$0.195
Full Release
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Summary
Moonlight Resources Ltd, a mineral exploration company, completed its Initial Public Offering (IPO) and began trading on the ASX on December 11, 2025, raising A$10 million to fund exploration activities. During the quarter ending December 31, 2025, the company commenced confirmatory and infill drilling at the Leo Grande Prospect of the Clermont Gold Project, intersecting gold mineralization across multiple drill holes. The company reported a strong cash balance of A$9.03 million at the end of the quarter. No mining production or development activities were conducted during this period. Key exploration projects include the Clermont Gold Project in Queensland, and the MacDonnell Ranges REE-Uranium Project in Northern Territory, among others. The company holds fifteen Exploration Licences, with two under application. Moonlight's strategy focuses on gold and rare earth-element uranium projects across various Australian states, targeting minerals critical to the modern economy.
Key Points
  • Successfully completed IPO and commenced trading on ASX on 11 December 2025.
  • Raised A$10 million to fund exploration activities.
  • Commenced confirmatory and infill drilling at the Leo Grande Prospect, Clermont Project.
  • Intersected gold mineralization in fourteen RC drill holes.
  • Strong cash balance of A$9.03 million at quarter end.
  • No mining production or development activities during the quarter.
  • Fifteen Exploration Licences held, two under application.
  • Focused on gold and REE-uranium projects in Queensland, Northern Territory, Western Australia, and New South Wales.
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.