InvestSMART

Western Ridge Resources Limited (ASX:WRX)

ALERT: Price-sensitive ASX Announcement for WRX
Current share price for WRX : $0.028 0.003 (12%)+
Release
31 Jul 2026 4:25PM
Price at Release
$0.025
Full Release
download
Summary
Western Ridge Resources Limited has released its quarterly activities and cashflow report, highlighting significant financial and operational developments. The company spent $423,000 on mining exploration and investment activities, predominantly for geological consulting, metallurgical costs, and tenement management. There were no substantial mining production activities during the quarter. Payments to related parties amounted to $107,000, covering director fees and salaries. The report was prepared in compliance with Australian Accounting Standards and has been approved by the Board of Directors. Western Ridge, an Australia-focused ASX-listed company, concentrates on exploring battery and critical minerals with projects in demand-driven commodities in the United States, focusing on the high-grade Keystone Project in Nevada.
Key Points
  • Quarterly activities and cashflow report released
  • Expenditure on mining exploration was $423,000
  • No substantive mining production activities noted
  • Payments to related parties totaled $107,000
  • Report complied with Australian Accounting Standards
  • Board of Directors approved the report
  • Focus on battery and critical minerals exploration
  • Keystone Project in Northern Nevada highlighted
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.