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Pacific Resources Limited (ASX:PXR)

ALERT: Price-sensitive ASX Announcement for PXR
Current share price for PXR : $0.001 0 (0%)+
Announcement
Release
29 Jul 2026 9:44AM
Price at Release
$0.001
Full Release
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Summary
Pacific Resources Limited, an ASX-listed junior mineral resources company, provided its Quarterly Activities and Appendix 5B Cash Flow Report for the quarter ended 30 June 2026. The report highlights the company's activities in acquiring and exploring its new and existing projects, including the Snowstorm Gold Project in Victoria, the Sulphide Creek Gold-Antimony Project in Tasmania, and the Blackall Coal Project in Queensland. The company also discusses its ongoing due diligence for the acquisition of the Eastern Victorian Goldfields Project. Financially, the report details cash flow from operating, investing, and financing activities, illustrating a net decrease in cash and cash equivalents. The company spent $302,000 on exploration and evaluation activities and paid $27,000 in director fees during the quarter. It also completed an expansive sampling program at Snowstorm and announced the appointment of Ian Neilson as an Independent Non-executive Director.
Key Points
  • Pacific Resources provided a quarterly activities report for the quarter ending 30 June 2026.
  • The company focuses on key minerals such as gold, antimony, and base metals.
  • Acquired the Snowstorm Gold Project and completed a sampling program.
  • Spent $302,000 on exploration and evaluation activities.
  • Paid $27,000 in director-related fees.
  • Ongoing due diligence for the Eastern Victorian Goldfields Project.
  • Net cash decrease observed in financial activities.
  • Appointment of Ian Neilson as an Independent Non-executive Director.
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.