Tennant Minerals Limited (ASX:TMS)

Tennant Minerals Limited reported significant progress and results in their quarterly activities for the period ending June 2026. The company successfully completed the first-quarter diamond drilling program at the Bluebird project, targeting high-grade copper and gold zones. Results confirmed the repeatability of high-grade mineralisation, with assays indicating the presence of significant gold, copper, and bismuth intervals. The company also managed to raise $2.8 million via a capital raise to fund further exploration and development activities. As of the end of the quarter, Tennant Minerals had cash reserves of $1.436 million, with detailed cash flow activities reported in Appendix 5B. Exploration and evaluation activities were the major expenses, while no mining production activities were undertaken during the quarter.