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Talonx Resources Limited (ASX:TXR)

ALERT: Price-sensitive ASX Announcement for TXR
Current share price for TXR : $0.005 0 (0%)+
Release
31 Jul 2026 8:15AM
Price at Release
$0.005
Full Release
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Summary
Talonx Resources Limited reported its quarterly activities for the period ending 30 June 2026, highlighting successful RC drilling activities at the Viking and Blair North gold projects in Western Australia. At the Viking project, the Beaker 2 area confirmed a robust shallow oxide gold zone, while the Beaker 4 prospect showed continuity in gold mineralization. The Blair North project saw refined results from resampling efforts. The company is advancing a comprehensive review of its Kihabe Zn-Pb-Ag Project in Botswana. Financially, Talonx ended the quarter with $0.72 million in cash, with plans for upcoming exploration work and senior management's decision to be remunerated in shares, pending shareholder approval. The Appendix 5B cash flow report indicated a net cash decrease primarily due to exploration and operating costs.
Key Points
  • Talonx Resources Limited completed RC drilling at Viking and Blair North projects.
  • A shallow oxide gold zone at Beaker 2 was confirmed, with significant results including 4m at 22.1 g/t Au.
  • Drilling at Beaker 4 supports the presence of a north-plunging gold shoot.
  • Blair North project involved refining mineralization through resampling.
  • Kihabe Zn-Pb-Ag Project in Botswana is under review for regional potential.
  • End of quarter cash position was $0.72 million.
  • The company plans further drilling and exploration activities for the September quarter 2026.
  • Directors and Senior Management elected remuneration in shares subject to approval.
  • Appendix 5B report shows a net cash decrease due to operating and investing activities.
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.