InvestSMART

Tambourah Metals Ltd (ASX:TMB)

ALERT: Price-sensitive ASX Announcement for TMB
Current share price for TMB : $0.030 -0.027 (-47.37%)+
Announcement
Release
30 Jan 2026 12:17PM
Price at Release
$0.057
Full Release
download
Summary
Tambourah Metals Ltd provided an update on its activities for the quarter ending 31 December 2025. The company conducted significant gold exploration activities at its Beatty Park Sth and Bryah Project, identifying high-grade gold intersections. The company reported a net cash position of $6M at the end of the quarter, with $406,000 spent on exploration activities. The company also raised $3M through a placement of shares and an additional $2.2M through option conversions. The Appendix 5B cash flow report showed net cash used in operating activities as $301,000 and net cash used in investing activities as $406,000.
Key Points
  • Tambourah Metals Ltd focused on gold exploration at Beatty Park Sth and Bryah Project.
  • High-grade gold intersections were identified in drilling activities.
  • The company raised $3M through a share placement and $2.2M through option conversions.
  • Net cash position at the end of the quarter was $6M.
  • Exploration expenditure for the quarter was $406,000.
  • Appendix 5B report showed net cash used in operating activities at $301,000.
  • Net cash used in investing activities was $406,000.
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.