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Yari Resources Ltd (ASX:YAR)

ALERT: Price-sensitive ASX Announcement for YAR
Current share price for YAR : $0.004 -0.009 (-69.23%)+
Announcement
Release
28 Oct 2025 8:18AM
Price at Release
$0.013
Full Release
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Summary
Yari Minerals Limited's Quarterly Activities and Cash Flow Report for the period ending 30 September 2025 reveals a 26% increase in inferred coal resources at the Rolleston South Coal Project, raising the total to 190 million tonnes. This increase stemmed from enhanced geological modeling, the extension of exploration depths, and advanced data integration from additional wells. The report highlights Yari's financial activities, including a net cash decrease from operations, proceeds from equity issuances, and a share placement that raised $1.5 million. Additionally, Yari obtained regulatory approvals for a new drilling campaign and added experienced personnel to its leadership team, aimed at strengthening its resource development initiatives. The company also continues to monitor its lithium projects in Western Australia.
Key Points
  • Increased inferred coal resources to 190 million tonnes.
  • Enhanced geological modeling and data integration.
  • Financial activities include equity issuances and a $1.5 million share placement.
  • Regulatory approvals obtained for new drilling campaign.
  • Strengthened leadership team for resource development.
  • Monitoring of lithium projects in Western Australia.
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.