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Terramin Australia Limited (ASX:TZN)

ALERT: Price-sensitive ASX Announcement for TZN
Current share price for TZN : $0.023 0.004 (21.05%)+
Announcement
Release
28 Jul 2026 9:51AM
Price at Release
$0.019
Full Release
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Summary
The June 2026 Quarterly Activities Report for Terramin Australia Limited outlines key developments in their various projects. The Tala Hamza Zinc Project, in which Terramin holds a 49% interest, is progressing with construction activities and financing efforts. The Bird in Hand Gold Project is under review following a court decision affecting its exploration license. The Kapunda In Situ Copper Recovery Project, where Terramin has a 25% interest, continues its in-situ recovery trials. The company reported a financial position with $0.1 million in cash and an available loan drawdown of $0.7 million. Major shareholder Asipac Group Pty Ltd extended loan facilities to support Terramin's corporate strategy.
Key Points
  • Tala Hamza Zinc Project construction activities are accelerating.
  • Bird in Hand Gold Project's exploration license was returned following a court decision.
  • Kapunda In Situ Copper Recovery Project continues with improving recovery rates.
  • Terramin has $0.1 million cash and $0.7 million available for loan drawdown.
  • Asipac Group Pty Ltd extended loan facilities to 30 June 2027.
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.