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Zuleika Gold Limited (ASX:ZAG)

ALERT: Price-sensitive ASX Announcement for ZAG
Current share price for ZAG : $0.035 0.003 (9.38%)+
Announcement
Release
30 Apr 2026 5:24PM
Price at Release
$0.032
Full Release
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Summary
Zuleika Gold Limited reported its activities for the March 2026 quarter, highlighting a maiden inferred mineral resource of 12,600 Au ounces for the Paradigm East Deposit and a total inferred and indicated resources of 35,200 Au ounces at Credo Well and Paradigm East. The company focuses on resource improvement and development, with systematic drilling planned. They are debt-free with cash and liquid assets totaling approximately $40.7 million. The quarterly cash flow report shows a net cash outflow from operating activities, a minor outflow from investing activities, and a significant cash inflow from financing activities, resulting in cash and cash equivalents of $13.9 million at the quarter's end.
Key Points
  • Maiden Inferred Mineral Resource of 12,600 Au Ounces at Paradigm East.
  • Total inferred and indicated resources at Credo Well and Paradigm East of 35,200 Au Ounces.
  • Systematic drilling and resource development planned.
  • Debt-free with cash and liquid assets totaling approximately $40.7 million.
  • Net cash outflow from operating activities.
  • Significant cash inflow from financing activities.
  • Cash and cash equivalents of $13.9 million at the end of the quarter.
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.