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Rokeby Resources Limited (ASX:RKB)

ALERT: Price-sensitive ASX Announcement for RKB
Current share price for RKB : $0.003 0 (0%)+
Announcement
Release
31 Jul 2026 8:18AM
Price at Release
$0.003
Full Release
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Summary
Rokeby Resources Limited's quarterly report outlines the completion of their flagship Omeo Gold Project acquisition, the initiation of a drilling program targeting high-grade mineralization, and strategic leadership changes. The company raised $4.34 million through capital initiatives and ended the quarter with $3.4 million in cash. Despite incurring substantial expenses in exploration, the company made significant strategic advancements, including the renewal of a critical mining license and leadership appointments focused on resource development and corporate growth.
Key Points
  • Rokeby Resources Limited completed the acquisition of the Omeo Gold Project.
  • The Omeo Gold Project is located near Omeo township in Victoria and features a high-grade historical estimate of gold.
  • A nine-hole drilling program commenced at the Sunnyside deposit with significant progress reported.
  • Leadership changes include Richard Beazley as Managing Director and Tim Pallas as Independent Non-Executive Chairman.
  • The company raised $4.34 million through a capital raising initiative.
  • Net cash from operating activities was negative, with significant investment in exploration and evaluation.
  • Cash and cash equivalents at the end of the period were reported at $3.4 million.
  • The mining license MIN 4921 was renewed for 20 years.
  • Payments to related parties totaled $45,000 during the quarter.
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.