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New Age Exploration Limited (ASX:NAE)

ALERT: Price-sensitive ASX Announcement for NAE
Current share price for NAE : $0.002 -0.001 (-33.33%)+
Announcement
Release
28 Apr 2026 9:02AM
Price at Release
$0.003
Full Release
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Summary
New Age Exploration Limited (ASX: NAE) published its Quarterly Activities Report for March 2026, highlighting significant progress across multiple projects. In the Wagyu Gold Project in Central Pilbara, Western Australia, a completed RC drilling program confirmed high-grade gold and an intrusion-related gold system analogous to Hemi deposits, with further exploration warranted. The Wallah Silver Project in NSW expanded NAE's footprint, while the Lammerlaw Gold and Antimony Project in New Zealand continued with Phase 2 drilling to explore shear zone-hosted mineralisation. Corporate developments included the appointment of Kirby Johnson as CEO. Financially, the company reported a cash balance of $2.1 million at the end of March 2026, with detailed cash flow activities showing investments in exploration and financing outcomes.
Key Points
  • Wagyu Gold Project: High-grade gold confirmed, intrusion-related gold system identified.
  • Wallah Silver Project: Acquisition expanded geographic and commodity footprint.
  • Lammerlaw Project: Phase 2 RC drilling targeting strike extensions and higher-grade shoots.
  • Corporate: Kirby Johnson appointed CEO to lead intensified exploration phase.
  • Financials: Cash balance at 31 March 2026 is $2.1 million.
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.