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NGX Limited (ASX:NGX)
ALERT: Price-sensitive ASX Announcement for NGX
Current share price for NGX : $0.070 -0.013 (-15.66%)+
Announcement
Release
31 Jul 2026 9:20AM
Price at Release
$0.083
Full Release
Summary
NGX Limited's June 2026 Quarterly Report highlights its exploration and corporate activities. The company completed a hand-auger drilling program in Malawi, discovering high-grade rutile at the Msinja project, with plans to integrate findings with the Malingunde project. In Namibia, NGX advanced its Tubusis project with a planned geochemical survey, and continued the ECC process for the Rossingburg project. The company remains active in exploring strategic opportunities, ending the quarter with $1.65 million in cash and no debt.
Key Points
- Completed hand-auger drilling program in Malawi with high-grade rutile discoveries.
- Advanced Tubusis project in Namibia with a planned geochemical survey.
- Continued ECC process for Rossingburg project in Namibia.
- Ended quarter with $1.65 million in cash and no debt.
- Actively exploring strategic opportunities in resource sector.
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.
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