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Patronus Resources Limited (ASX:PTN)

ALERT: Price-sensitive ASX Announcement for PTN
Current share price for PTN : $0.043 -0.034 (-44.16%)+
Announcement
Release
29 Jan 2026 8:11PM
Price at Release
$0.077
Full Release
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Summary
Patronus Resources Limited reported strong exploration results in their December 2025 Quarterly Activities Report. Significant drilling at the Guppy and Mertondale projects in Western Australia revealed extended gold mineralization, with high-grade intercepts confirming the potential for resource growth. In the Northern Territory, large-scale gold anomalies were identified at Pine Creek, and high-grade uranium results were reported from the Thunderball project. The company maintains a healthy cash position of $74.6 million, enabling continued exploration and investment activities into 2026.
Key Points
  • Strong results from diamond drilling at the Guppy prospect in WA.
  • Mineralisation extended outside existing Resources at Mertondale.
  • Large-scale gold anomalies defined at Pine Creek.
  • Exceptional high-grade uranium results from Thunderball.
  • Patronus is well funded, with $74.6 million in cash and liquid assets at Quarter-end.
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.