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Yari Resources Ltd (ASX:YAR)

ALERT: Price-sensitive ASX Announcement for YAR
Current share price for YAR : $0.006 -0.001 (-14.29%)+
Announcement
Release
29 Apr 2026 8:11AM
Price at Release
$0.007
Full Release
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Summary
Yari Minerals Limited's Quarterly Activities Report for March 2026 highlights significant advancements in the Rolleston South Coal Project, Queensland. The project has defined a maiden JORC Indicated Resource of approximately 33.7 Mt, increasing the total resource to 223 Mt, with further analysis indicating shallow coal suitable for near-surface mining. Coal quality tests confirmed a low-ash, low-sulfur product suitable for export markets. The company is engaging with strategic partners for joint ventures and offtake agreements. Financially, Yari reported $0.816 million in cash with exploration expenditures of $0.296 million for the quarter.
Key Points
  • Courtney Taylor appointed Executive Director
  • Maiden JORC Indicated Resource of ~33.7Mt at Rolleston South
  • Total resource increased to ~223Mt (+17%)
  • Shallow coal suitable for near-surface mining
  • Low-ash, low-sulfur coal confirmed
  • Engagement with strategic partners for joint ventures
  • Exploration expenditure of $0.296 million
  • Cash position of $0.816 million
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.