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Truscott Mining Corporation Limited (ASX:TRM)

ALERT: Price-sensitive ASX Announcement for TRM
Current share price for TRM : $0.040 -0.038 (-48.72%)+
Announcement
Release
30 Apr 2026 8:11AM
Price at Release
$0.078
Full Release
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Summary
Truscott Mining Corporation Limited reported on its exploration and corporate activities for the quarter ending on March 31, 2026. Significant progress was made at the Westminster Project with the completion of a 1,312-meter reverse circulation drilling program targeting Structural Target Two, revealing promising gold mineralization results. The company is planning resource development diamond drilling at Orebody Exploration Target One and is updating the JORC 2012 Mineral Resource Estimate. New appointments were made to strengthen the management team, and the company continues to pursue its long-term objectives of transitioning to an active exploration entity applying R&D insights. The cash flow report for the quarter showed expenditures on exploration and evaluation activities, with a focus on maintaining financial stability and leveraging high-grade mineralization.
Key Points
  • Completion of drilling at Westminster Project with significant gold intercepts.
  • Planning for diamond drilling and updating JORC 2012 Mineral Resource Estimate.
  • Transition from R&D focus to active exploration.
  • Strengthened management team with new appointments.
  • Quarterly cash flow report indicating investment in exploration and financial management.
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.