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Oakajee Corporation Limited (ASX:OKJ)

ALERT: Price-sensitive ASX Announcement for OKJ
Current share price for OKJ : $0.040 0.028 (233.33%)+
Announcement
Release
30 Apr 2025 5:05PM
Price at Release
$0.012
Full Release
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Summary
During the quarter ended 31 March 2025, Oakajee Corporation Limited focused on the exploration of its Paynes Find project in Western Australia. The exploration included auger drilling and sampling in two key areas, Banks and Deep Well, aimed at penetrating alluvial cover to assess gold and other elements. Results from the drilling were generally low, prompting the company to consider further Aircore drilling to effectively evaluate these targets. Financially, the company reported liquid assets totaling $1,551,215 at the end of the quarter, including cash and shares in listed entities.
Key Points
  • Oakajee Corporation Limited continued exploration at Paynes Find project.
  • Auger drilling completed over two target areas: Banks and Deep Well.
  • Low assay results were obtained from both exploration areas.
  • The company is considering Aircore drilling for more effective sampling.
  • At quarter end, the company held liquid assets of $1,551,215.
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.