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Resource Base Limited (ASX:RBX)

ALERT: Price-sensitive ASX Announcement for RBX
Current share price for RBX : $0.022 -0.004 (-15.38%)+
Announcement
Release
31 Jul 2026 7:12PM
Price at Release
$0.026
Full Release
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Summary
Resource Base Limited presented its quarterly activities report for the June 2026 quarter, highlighting continued exploration efforts in South Australia's Gawler Craton, while no on-ground exploration was conducted. The Mitre Hill Project holds a JORC Mineral Resource with no new exploration in the quarter. The company ended the quarter with $211,000 in cash and cash equivalents, and announced plans to raise $700,000 in funding. Quarterly expenses included $90,000 for exploration activities and $21,000 in related party payments.
Key Points
  • Resource Base Limited holds two exploration licences in the Gawler Craton, South Australia: EL7054 and EL7060.
  • No on-ground exploration was undertaken during the June quarter; desktop evaluations continued.
  • The Mitre Hill Project is located on the South Australia/Victoria border and contains a JORC Inferred Mineral Resource.
  • Cash and cash equivalents at the end of the quarter were $211,000.
  • Exploration and evaluation expenditure for the quarter was approximately $90,000.
  • Payments to related parties totalled $21,000, related to directors’ fees and superannuation.
  • The company announced a commitment to raise $700,000 through a share placement.
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.