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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
29 Jul 2026 9:20AM
Price at Release
$0.003
Full Release
download
Summary
New Age Exploration Limited's Quarterly Activities and Cashflow Report for the period ending 30 June 2026 highlights significant progress in their exploration projects. The report details the completion of Phase 2 drilling at the Lammerlaw Gold-Antimony Project in New Zealand, which revealed a new shear-hosted gold discovery at the Bella Prospect. In Australia, the acquisition of the Wallah Silver Project in New South Wales was finalized, and field exploration activities have begun. The Wagyu Gold Project in Western Australia is also progressing, with the interpretation of assay datasets and plans for further drilling. Financially, NAE maintains a stable cash position supported by recent equity financing, enabling continued exploration efforts across its projects.
Key Points
  • Phase 2 drilling completed at Lammerlaw Gold-Antimony Project.
  • New shear-hosted gold discovery at Bella Prospect.
  • Completion of Wallah Silver Project acquisition in New South Wales.
  • Field exploration commenced post-acquisition at Wallah Silver Project.
  • Ongoing exploration and dataset interpretation at Wagyu Gold Project.
  • Stable cash position with reserves at $1.6 million as of 30 June 2026.
  • Equity financing raised $3.75 million to support exploration activities.
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.