InvestSMART

Price-sensitive announcement not found.

Peregrine Gold Ltd (ASX:PGD)

ALERT: Price-sensitive ASX Announcement for PGD
Current share price for PGD : $0.180 0.025 (16.13%)+
Announcement
Release
30 Apr 2026 11:26AM
Price at Release
$0.155
Full Release
download
Summary
Peregrine Gold Ltd (PGD) provided a quarterly activities report and cash flow statement for the period ending 31 March 2026. The company focused primarily on its Newman Gold & Iron Ore Project with significant exploration activities and expenditure reported. A total of $0.33 million was spent on exploration, with no mining or production activities undertaken during this period. The report includes details on cash flows, with net cash used in operating activities totaling $469,000 for the quarter and $2,862,000 for the year to date. Significant exploration progress was highlighted at various projects including the Coopers and Carneys CID Prospects, and the Rocklea Gold Project, which saw expansion through new exploration license applications. The company ended the quarter with $2.7 million in cash and cash equivalents, ensuring continued operations and exploration activities. Additionally, related party payments amounted to $130,414, covering director fees and consulting expenses.
Key Points
  • Coopers and Carneys CID Prospects received drilling approvals.
  • Rocklea Gold Project expanded with four new Exploration Licence applications.
  • Expenditure of $0.33 million on exploration activities.
  • Net cash used in operating activities was $469,000 for the quarter.
  • Cash and cash equivalents at the end of the period were $2.7 million.
  • No mining or production activities were reported during the quarter.
  • Related party payments totaled $130,414.
  • Strong focus on Newman Gold & Iron Ore Project exploration.
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.