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Reward Minerals Ltd (ASX:RWD)

ALERT: Price-sensitive ASX Announcement for RWD
Current share price for RWD : $0.028 -0.002 (-6.67%)+
Announcement
Release
27 Jul 2026 11:11AM
Price at Release
$0.030
Full Release
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Summary
The document is the quarterly activities report and Appendix 5B cash flow report for Reward Minerals Ltd for the period ending 30 June 2026. It details the company's ongoing exploration and development projects, including the Mountain Pond Project in Newfoundland, where field exploration programs and assay results have confirmed significant gold and copper potential. The company is preparing to commence drilling at the Jackpot Prospect. The report also covers the Copper Lance Project and outlines the expanded soil sampling programs at various project sites. Additionally, the document discusses financials, including cash flows from operating, investing, and financing activities, revealing a net cash decrease with estimated quarters of funding available at 1.52. Financing facilities are fully drawn, and strategic discussions regarding the Beyondie Potash Plant continue. Reward Minerals is focused on advancing its sulphate of potash projects and proprietary processing technology.
Key Points
  • Quarterly activities report for period ending 30 June 2026.
  • Mountain Pond Project has confirmed gold and copper potential.
  • Preparation for drilling at the Jackpot Prospect.
  • Expanded soil sampling programs at the Copper Lance Project.
  • Net cash decrease with funding available for 1.52 quarters.
  • Fully drawn financing facilities.
  • Strategic discussions and potential plant relocation for Beyondie Potash Plant.
  • Focus on advancing sulphate of potash projects and proprietary 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.