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Parabellum Resources Limited (ASX:PBL)

ALERT: Price-sensitive ASX Announcement for PBL
Current share price for PBL : $0.060 0 (0%)+
Announcement
Release
24 Jul 2026 9:23AM
Price at Release
$0.060
Full Release
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Summary
Parabellum Resources Limited (ASX:PBL) provided a quarterly activities report for the period ending 30 June 2026. The company is focused on new precious and base metal acquisitions with ongoing assessments of new project opportunities. During the quarter, they commenced a Mineral Resource Estimate for the Redlands Project, with results expected in the September quarter. The company has relinquished the Recovery Project (EL 9189) due to lower potential. At the end of the quarter, their cash balance stood at $840,000, with strict cost controls in place. PBL continues to evaluate corporate and asset acquisition opportunities in Australia.
Key Points
  • Mineral Resource Estimate for Redlands Project commenced.
  • New project opportunities under assessment.
  • Focus on precious and base metal acquisitions.
  • Relinquishment of lower priority Recovery Project.
  • NSW Projects include Redlands/Whitbarrow and Lunns Dam.
  • Cash balance of $840,000 at end of June 2026.
  • Strict cost controls with no large recurring expenses.
  • No tenements acquired during the quarter.
  • Evaluation of new corporate and asset acquisition opportunities.
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.