InvestSMART

Parabellum Resources Limited (ASX:PBL)

ALERT: Price-sensitive ASX Announcement for PBL
Current share price for PBL : $0.062 -0.028 (-31.11%)+
Announcement
Release
23 Jan 2026 12:33PM
Price at Release
$0.090
Full Release
download
Summary
Parabellum Resources Limited announced their Quarterly Activities Report for the period ending 31 December 2025. During this quarter, the company completed Phase 3 drilling at the Miandetta prospect, which confirmed consistent shallow, high-grade nickel and cobalt mineralization. Significant near-surface intercepts were reported. The company is also evaluating new project opportunities in precious and base metals to enhance shareholder value. They continue to focus on their New South Wales projects while maintaining cost controls, holding $1.12 million in cash at the quarter's end.
Key Points
  • Phase 3 drilling at Miandetta confirmed shallow high-grade Nickel-Cobalt mineralization.
  • Significant near-surface intercepts were reported.
  • The company is focused on acquiring new precious and base metal projects.
  • Maintained $1.12 million in cash at the end of the quarter.
  • No new tenements were acquired or relinquished during the quarter.
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.