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Reward Minerals Ltd (ASX:RWD)

ALERT: Price-sensitive ASX Announcement for RWD
Current share price for RWD : $0.028 -0.012 (-30%)+
Announcement
Release
18 Nov 2025 11:40AM
Price at Release
$0.040
Full Release
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Summary
Reward Minerals Ltd's investor roadshow presentation highlights the potential of the Copper Lance Project located in Newfoundland, an under-explored area within the prolific Dunnage Zone Volcanics known for hosting numerous VMS deposits. The project shows promising high-grade copper and silver occurrences, with exploration efforts actively underway. The company is also advancing its Australian projects, including copper, gold, and potash. Reward Minerals owns and develops a new processing technology for recovering high-purity SOP from high sulphate brines, having submitted a patent application for this process.
Key Points
  • Copper Lance Project located in a promising but under-explored geological setting.
  • Dunnage Zone is known for hosting over 40 VMS deposits.
  • High-grade copper and silver occurrences have been identified.
  • Exploration efforts are actively underway.
  • Reward Minerals also focuses on Australian copper, gold, and potash projects.
  • Development of a new processing technology for high-purity SOP from brines.
  • Patent application submitted for the Reward Process technology.
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.