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Tribune Resources Limited (ASX:TBR)

ALERT: Price-sensitive ASX Announcement for TBR
Current share price for TBR : $5.690 -0.56 (-8.96%)+
Announcement
Release
10 Dec 2025 5:42PM
Price at Release
$6.250
Full Release
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Summary
Tribune Resources Limited issued a revised EKJV Exploration Report for the first quarter of FY2026, replacing the announcement from 24 October 2025. The report includes additional disclosures to comply with JORC 2012 standards following ASX discussions. Key updates include a revised plan view map showing drillhole collars and the removal of qualitative visual estimates. During the quarter, 671 metres of drilling was completed, focusing on diamond drilling at Sadler and resource targeting at Ambition. The Sadler prospect aims to expand beyond current underground operations, while Ambition's assay results highlight significant high-grade intercepts. Future work involves further drilling and updating geological models.
Key Points
  • Tribune Resources Limited released a Replacement EKJV Exploration Report for FY2026 Quarter 1.
  • The report was originally announced on 24 October 2025 and has been replaced following discussions with the ASX.
  • Additional disclosures include JORC 2012 Table Section 1 and Section 2 information for clarity regarding cut-off grades.
  • A plan view map has been updated to show all drillhole collars.
  • The report excludes any qualitative visual estimates.
  • A total of 671 metres of drilling was completed, including diamond drilling for the Sadler underground and resource targeting at Ambition.
  • The Sadler prospect is targeting additional resource growth beyond the current underground mining area.
  • No new drilling was conducted at Ambition this quarter, but assay results from earlier quarters were analyzed.
  • Significant intercepts were identified at Ambition, indicating high-grade mineralization.
  • Future work includes further diamond drilling at Sadler and updating geological models for Ambition.
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.