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Reward Minerals Ltd (ASX:RWD)

ALERT: Price-sensitive ASX Announcement for RWD
Current share price for RWD : $0.030 -0.014 (-31.82%)+
Announcement
Release
28 Apr 2026 2:12PM
Price at Release
$0.044
Full Release
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Summary
Reward Minerals Ltd's quarterly activities report for the period ending 31 March 2026 highlights significant developments, including the confirmation of copper prospectivity at the Copper Lance Project and acquisition of the Mountain Pond Gold Project in Newfoundland, Canada. The company also progressed exploration activities in Western Australia, including the Beyondie Potash Plant, and engaged in discussions with strategic global partners regarding its potash processing technologies. The cash flow report shows operating cash outflows due to exploration and administrative costs.
Key Points
  • Reward Minerals Ltd confirmed compelling copper prospectivity at the Copper Lance Project in Newfoundland, Canada.
  • New high-priority copper targets were identified with promising soil sampling results.
  • Reward executed agreements to acquire the Mountain Pond Gold Project in Newfoundland.
  • The company continued exploration activities at various projects in Western Australia, including the Beyondie Potash Plant.
  • Reward Minerals continued discussions with global industries about integrating its processing technologies.
  • The company's cash flow report highlights operating cash outflows primarily due to exploration and administrative expenses.
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.