March 2026 Quarterly Activities & Cashflow Report
Released
Released
Announcement PDF
+61 3 9692 7222
info@aureka.com.au
Suite 2, Level 11, 385 Bourke
St, Melbourne VIC 3000
aureka.com.au
ASX:AKA Aureka Limited | ABN 66 125 140 105 1
B R I N G I N G V I C T O R I A' S G O L D TO L I F E
30 APRIL 2026
AUREKA LIMITED (ASX: AKA)
Quarterly Activities Report – March 2026 Quarter
Highlights
• Irvine Project Drilling - Further Tenacity Gold Intercepts1
returned from RD049, demonstrates fertility
continuity identified in late 2025 with significant gold mineralization 18.4m @ 1.54g/t Au from 425.8m
including 1.15m @ 9.73g/t Au.
• Newly Identified High Grade Silver Component to St Arnaud2
with diamond drilling intersecting
significant zones of both gold and silver mineralisation, including the highest silver grade on the project
to date (0.3m @ 650g/t Ag and 1.91g/t Au from 192m).
• Tenure Renewal and Lidar Sets Up Comstock's Future3
with 5-year renewal of the exploration licence
and the completion of a high-accuracy LiDAR and photogrammetry at St Arnaud Comstock pit.
• High-resolution drone magnetics survey4
to further define subsurface geological features and better
establish underlying structural architecture at the Irvine Project.
• Cash at end of quarter: $3.7m.
• Current activities: Diamond drilling at Irvine remains ongoing, exploring highly prospective areas of
interest for step change results including between the 2km gap separating Resolution and Adventure
aimed at growing the mineral system distal to the known Mineral Resource. With the drone magnetic
survey now complete, focus is now on processing and interpreting the newly acquired high resolution
dataset to develop and better understand the structural architecture and geological controls to aid with
further identifying robust targets with potential to deliver new discoveries within the greater Irvine
mineral system.
1
ASX Release 03 Feb 2026 AKA: Irvine Project Drilling - Further Tenacity Gold Intercepts
2 ASX Release 25 Feb 2026 AKA: Newly Identified High Grade Silver Component to St Arnaud
3 ASX Release 05 Mar 2026 AKA: Tenure Renewal and Lidar Sets Up Comstock's Future
4 ASX Release 30 Mar 2026 AKA: Step change targeting with high-resolution magnetics
Management
Comment
James Gurry, Managing
Director
After ~7,000m of diamond drilling in 2025, the March-Qtr saw
more steady progress towards the step change results we are
targeting at Irvine and first production at Comstock. The
continuous drilling program delivered outstanding results for
gold at Irvine, and silver and gold at Comstock.
The June-Quarter should also deliver key milestones including
metrics around Comstock’s near-term production potential
and outcomes of the high resolution magnetic survey flown at
Irvine to further enhance our step change targeting on what
is a very extensive project that is growing not only at depth,
but also width as we incorporate new potential to the west.
ASX:AKA Aureka Limited | ABN 66 125 140 105 2
Continued momentum in the March-Qtr with gold and silver assays
Aureka Limited (ASX: AKA) is positioned for success with advanced stage gold exploration projects in
Victoria’s gold-rich districts close to established mines. The key focus is to grow the flagship Irvine Project
(304koz inferred JORC5
) through continuous drilling which is targeting step change discovery holes to extend
and identify new lodes on the way to 1moz. At the Comstock Project (56koz inferred JORC6
), Aureka is homing
in on a near term production opportunity partnering with successful local mine and mill operators Core
Prospecting.
Following on from a highly successful December 2025 quarter that delivered some of the highest grades ever
on the Irvine Project, Aureka continued this momentum in the March quarter with further high-grade gold
intercepts on the flagship Irvine Project and a new silver component to Comstock.
Ongoing drilling continues be the focus at Irvine, delivering additional Tenacity gold intercepts and the
acquisition of a high-resolution magnetic data set via a drone survey flown in March/April. Processing and
interpretation of the newly captured data remains ongoing with the primary focus of the survey being to
further define subsurface geological features and better establish underlying structural architecture at the
Irvine Project.
At St Arnaud, high-grade gold assays and newly identified along strike significant silver mineralisation7
were
returned from drilling completed during 2025. The 650g/t high-grade silver intercept represents the highest
silver assay result returned from drilling project to date. Also at St Arnaud, the longer-term tenure of the
Comstock project was secured by the successful renewal of EL006819 through to 20308
. The Comstock pit is
a former mine site, with last its last production occurring in 1995. It forms part of the broader St Arnaud gold
field, which historically produced 400koz at an estimated 15g/t Au9
. In line with the Company’s strategy of
investigating avenues to near term low tonnage gold production, high-accuracy LiDAR and photogrammetry
of the Comstock open-cut pit were acquired during the quarter10
, enabling the generation of a seamless,
high-resolution terrain model and structural dataset suitable for aiding engineering design, operational
planning and further advancing geological interpretation.
Figure 6: Comstock Project - : Microscope image of quartz hosted Galena-Sphalerite-Chalcopyrite-Pyrite aggregates
hosting Au and Ag mineralisation (0.3m @ 1.91g/t Au and 650g/t Ag from 192m)7
5 ASX Release 30 March 2021 NML: Maiden Mineral Resource for Stawell Corridor Gold Project
6 ASX Release 13 June 2025 AKA: St Arnaud Maiden JORC MRE and Exploration Target - Amended
7 ASX Release 25 Feb 2026 AKA: Newly Identified High Grade Silver Component to St Arnaud
8 ASX Release 05 Mar 2026 AKA: Tenure Renewal and Lidar Sets Up Comstock's Future
9 St Arnaud historical production taken from: Krokowski de Vickerod, J., Moore, D.H. and Cayley, R.A., 1997
10 ASX Release 05 Mar 2026 AKA: Tenure Renewal and Lidar Sets Up Comstock's Future
ASX:AKA Aureka Limited | ABN 66 125 140 105 3
EXPLORATION ACTIVITIES
Irvine Gold Project (Stawell Zone) – continued high grade, and exceptional width assays
Ongoing drilling activities continued at Irvine throughout the quarter, and Aureka reported further high-
grade drilling intercepts from drill holes completed during 2025 at the flagship Irvine Project, including
diamond drill hole RD04911
. The high-grade assays reaffirm the fertility of the Tenacity structure (host to the
record high assays reported in 202512
), re-enforce the geological interpretation and continue to support the
continuity and prospectivity of the Tenacity Hanging Wall Fault to be a significantly mineralised structure
with potential to further expand the 304Koz JORC resource13
Notable results from RD049 included:
• 0.75mm @ 10.2g/t Au from 427.5m
• 1.15m @ 9.73g/t Au from 434m
o these intercepts are from within a notably wide zone: 18.4m @ 1.54g/t Au from 425.8m.
The mineralisation is associated with a broad zone of shearing and quartz veining with abundant
disseminated pyrrhotite, pyrite and subordinate arsenopyrite. Results from hole RD049 are in addition to
previously reported nearby results received from RD045W114
, RD04614
, RD04712
and RD04812
, which are all
supported by elevated individual assays, suggesting potential for the Tenacity Hanging Wall Fault to host a
localised high-grade resource component. The width of the intercept in RD049 further speaks to the potential
amenable mining conditions being uncovered in the extensions of the current JORC Resource at Irvine.
Figure 1: Resolution lode Schematic Cross Section showing multiple high grade gold mineralisation intercepts
11 ASX Release 03 Feb 2026 AKA: Irvine Project Drilling - Further Tenacity Gold Intercepts
12 ASX Release 15 Oct 2025 AKA: Irvine Drilling Highest Assay Since Discovery
13 ASX Release 30 March 2021 NML: Maiden Mineral Resource for Stawell Corridor Gold Project
14 ASK Release 14 Oct 2025 AKA: Irvine Drilling Intercepts Across Three Diamond Drill Holes
ASX:AKA Aureka Limited | ABN 66 125 140 105 4
Table 1: Irvine Project estimated Mineral Resources in accordance with the 2012 edition of JORC Code15
Table 2: Irvine Project estimated Exploration Target in accordance with the 2012 edition of JORC Code16
15 ASX Release 30 March 2021 NML: Maiden Mineral Resource for Stawell Corridor Gold Project.
16 ASX Release 30 March 2021 NML: Maiden Mineral Resource for Stawell Corridor Gold Project.
ASX:AKA Aureka Limited | ABN 66 125 140 105 5
Figure 2: Irvine Project – Resolution Lode Long Section highlighting current drilling and intercepts (green call outs all drilled in 2025) outside current JORC Resource.
Resolution lode hosts 264,000 of the 304,300 JORC Resource at the Irvine Project (JORC details refer Table 1)
ASX:AKA Aureka Limited | ABN 66 125 140 105 6
Figure 3: Irvine Project – Multiple high grade gold mineralisation intercepts within hole RD049 completed in Dec 2025
and reported in March-Qtr17
17
ASX Release 3 February 2026 AKA: Irvine Project Drilling - Further Tenacity Gold Intercepts
ASX:AKA Aureka Limited | ABN 66 125 140 105 7
High-resolution drone magnetics survey at Irvine – to enhance step change drill targeting
A high resolution done magnetics survey commenced at Irvine during the latter stages of the March Quarter
and has been completed subsequent to the quarter reporting period to support optimal deployment of the
on-going diamond drill rig operations. The purpose of low altitude (approximately 50m) airborne magnetic
survey was to further define subsurface geological features and better establish underlying structural
architecture at the Irvine Project and deliver a significantly improved dataset to the broader line spaced
historical heli-borne regional datasets captured by the Geological Survey of Victoria (GSV) in 1987 and 1990.
Data acquisition has been finalised subsequent to the March quarter and processing and interpretation is
currently underway and will be utilised and incorporated with the current geological knowledge compiled to
date from the diamond drilling and surface mapping, to improve the understanding of localised structural
controls within both the Resolution and Adventure lodes and establish further robust targets with potential
to deliver new discoveries within the greater Irvine mineral system.
Figure 4: Irvine Project - Preparation of drone and magnetometer on the ground prior to commencement of survey
ASX:AKA Aureka Limited | ABN 66 125 140 105 8
Figure 5: Irvine Project: - Drone and magnetometer actively acquiring data across the Irvine Project
ASX:AKA Aureka Limited | ABN 66 125 140 105 9
St Arnaud – Comstock Project – assays from newly identified structure, plus high grade silver result
The remaining assay results from the 2025 drilling campaign were finalised this quarter again returning high
grade gold value as well as the highest-grade silver assays returned project to date from drilling. Assay results
from the visible gold intersected in hole 25NED007 and reported in the December 2025 quarter were finalised
this quarter, while drill hole 25NED004 intersected the record high silver with coincident gold
mineralisation18
.
Highlight intercepts from the March quarter include;
• 0.3m @ 650g/t Ag and 1.91g/t Au from 192m (25NED004)
and
• 0.3m @ 31.5g/t Au from 127.5m, associated with visible gold (25NED007)19
The mineralised intercepts demonstrate Comstock has the potential to deliver economic high-grade gold and
silver from new structures proximal to, and potentially accessible from, the existing Comstock pit. The visible
gold within hole 25NED007 was intersected near surface at approximately 140m west of the Comstock Fault,
characterising a new mineralised structure sub parallel to the 56.5Koz inferred JORC Resource20
and
approximately. 125m vertically from surface.
The high-grade silver and moderate gold intercept within 25NED004 occur within subparallel bedding planar
quartz vein within a massive sandstone, footwall to a newly interpreted Comstock Basal fault. This structure
has not been tested by any previous drilling and can be projected to surface north of the Comstock Pit. Both
intercepts are within the defined Exploration Target area and outside of the maiden 56Koz resource, reported
in June 202521
and continue to support the ongoing exploration upside and potential to significantly grow
the current resource and deliver a pipeline to near-term small-scale production.
Figure 6: Comstock Project - : Microscope image of quartz hosted Galena-Sphalerite-Chalcopyrite-Pyrite aggregates
hosting Au and Ag mineralisation (0.3m @ 1.91g/t Au and 650g/t Ag from 192m)22
18 ASX Release 22 December 2025 AKA: St Arnaud Comstock Mineralisation Intersected
19 ASX Release 25 February 2026 AKA: Newly Identified High Grade Silver Component to St Arnaud
20 ASX Release 13 June 2025 AKA: St Arnaud Maiden JORC MRE and Exploration Target - Amended
21 ASX Release 13 June 2025 AKA: St Arnaud Maiden JORC MRE and Exploration Target - Amended
22 ASX Release 25 February 2026 AKA: Newly Identified High Grade Silver Component to St Arnaud
ASX:AKA Aureka Limited | ABN 66 125 140 105 10
Figure 7: Comstock Project - Microscope image of core containing visible gold and pyrite 25NED00723
Figure 8: Comstock Project - Comstock Long section with significant mineral intercept24
23
ASX Release 25 February 2026 AKA: Newly Identified High Grade Silver Component to St Arnaud
24
ASX Release 25 February 2026 AKA: Newly Identified High Grade Silver Component to St Arnaud
ASX:AKA Aureka Limited | ABN 66 125 140 105 11
St Arnaud Tenement Renewal and Lidar Acquisition
Exploration licence EL006819 was successfully renewed for an additional five years during the quarter,
securing the longer-term tenure of the St Arnaud Comstock exploration project until 2030. Also during the
quarter, high-accuracy LiDAR and photogrammetry of the Comstock open-cut pit was acquired. The newly
acquired dataset has enabled the generation of a seamless, high-resolution terrain and structural dataset
critical for the engineering design, operational planning and further geological interpretation required to
support the strategy of possible near term low tonnage gold production and significantly improves upon the
legacy dataset to aid the ongoing scoping study which will assess the regulatory pathway and logistics for a
possible early start up at St Arnaud Comstock Project.
Figure 9: Comstock Project - Plan of Comstock EL006819, renewed through to 203025
25
ASX Release 5 March 2026 AKA: Tenure Renewal and Lidar Sets Up Comstock's Future
ASX:AKA Aureka Limited | ABN 66 125 140 105 12
Figure 10: Comstock - View of the high-accuracy LiDAR and photogrammetry of the southern end of the Comstock open-
cut with key projected structures – looking towards the North (azimuth 000)26
Figure 10: Comstock – View of the high-accuracy LiDAR and photogrammetry of the Comstock open-cut pit with key
projected structures including the pit pillar – looking towards azimuth 29027
26
ASX Release 5 March 2026 AKA: Tenure Renewal and Lidar Sets Up Comstock's Future
27
ASX Release 5 March 2026 AKA: Tenure Renewal and Lidar Sets Up Comstock's Future
ASX:AKA Aureka Limited | ABN 66 125 140 105 13
Table 3: Comstock Project estimated Mineral Resources in accordance with the 2012 edition of JORC Code28
The preceding statements of Mineral Resources conforms to the Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves (JORC Code) 2012 Edition. All tonnages reported are dry metric tonnes. Minor discrepancies may occur
due to rounding to appropriate significant figures.
Table 4: Comstock Project estimated Exploration Target in accordance with the 2012 edition of JORC Code29
Exploration Strategy Overview
Diamond drilling remains the focus at Irvine with an added objective of stepping out locally and distal from
the main Resolution and Adventure lodes to complete discovery style holes that aim to explore the greater
mineralised system, including exploration drilling beneath legacy workings and untested geochemical and
geophysical anomalies.
At St Arnaud, work continues with ongoing scoping studies to investigate pathways to near-term small-scale
production from the Comstock pit. Drilling activities aim to commence over the coming quarter to further
establish mineral and structural controls and to commence metallurgical test studies.
28
ASX Release 13 June 2025: St Arnaud Maiden JORC MRE and Exploration Target - Amended
29
ASX Release 13 June 2025: St Arnaud Maiden JORC MRE and Exploration Target - Amended
Prospect
Cut-Off
Gold
(g/t)
Inferred
Tonnes Gold Grade
(g/t)
Gold
Ounces
Grade
(g/t)
silver
Silver
(oz)
Comstock (St
Arnaud)
>0.5 1,450,000 1.21 56,500 2.14 100,00
Prospect
Exploration Target*
Range Tonnes
(Mt)
Gold
Grade
(g/t)
Gold
ounces (k
Oz)
Silver
Grade
(g/t)
Silver
ounces (k
Oz)
Comstock (St
Arnaud)
Lower 3.0 1.2 116 2.02 195
Upper 3.5 1.0 112 1.90 214
*The potential quantity and grade of the Exploration Target is conceptual in nature and there has been insufficient exploration
to estimate a Mineral Resource in relation to this Exploration Target. It is uncertain if further exploration will result in the
estimation of a Mineral Resource in relation to these Exploration Targets.
ASX:AKA Aureka Limited | ABN 66 125 140 105 14
FINANCIAL
Expenditure During the Period
The Company’s major cashflow movements for the quarter included:
▪ Employee, administration and corporate costs – ($569k),
▪ Exploration and evaluation costs – ($661k),
▪ Cash and cash equivalents (unaudited) of $3.7m as at end March 2026.
Payments to Related Parties and their Associates
In the March 2026 quarter, $148k was paid to related parties and their associates in respect of salaries and
fees (including superannuation) paid to non-executive directors and the managing director.
CORPORATE ACTIVITIES
Managing Director transition to Employment Contract30
by signing an employment agreement and
transitioning his engagement from a consultancy arrangement. The terms and conditions of the Managing
Director engagement were unchanged with the transition to employment contract.
FUTURE OUTLOOK AND SUMMARY
The key areas of focus in the coming quarter will remain to grow the flagship Irvine Project (304koz inferred
JORC31
) through continuous drilling including the delivery of step change discovery holes to extend and
identify new lodes on the way to 1moz. At the Comstock Project (56koz inferred JORC32
), the Company will
continue to advance towards the near term production opportunity partnering with successful local mine
and mill operators Core Prospecting.
Diamond drilling at Irvine remains ongoing, exploring highly prospective areas of interest for step change
results including between the 2km gap separating Resolution and Adventure aimed at growing the mineral
system distal to the known Mineral Resource.
With the drone magnetic survey now complete, focus is now on processing and interpreting the newly
acquired high resolution dataset to develop and better understand the structural architecture and geological
controls to aid with further identifying robust targets with potential to deliver new discoveries within the
greater Irvine mineral system.
At Comstock, Aureka continues to work on all elements required to realise the near term production potential
including scoping study works, licencing preparations and grade control and other drilling expected to
commence in coming weeks.
30
ASX Release 06 Feb 2026 AKA: Managing Director transition to Employment Contract
31
ASX Release 30 March 2021 NML: Maiden Mineral Resource for Stawell Corridor Gold Project
32
ASX Release 13 June 2025 AKA: St Arnaud Maiden JORC MRE and Exploration Target - Amended
ASX:AKA Aureka Limited | ABN 66 125 140 105 15
This announcement has been approved for release by the Board of Directors.
For further information, please visit www.aureka.com.au, or contact:
James.Gurry@aureka.com.au peter@nwrcommunications.com.au
Managing Director Investor and Media Relations
Ph: (03) 9692 7222 Ph: 0412 036 231
Aureka uses InvestorHub for enhanced, 2-way, communication with shareholders, providing easy access to
Company updates, reports, and announcements.
Investors are encouraged to sign up to the InvestorHub distribution list on the Company’s website. Sing up
here: https://investorhub.aureka.com.au/
In accordance with Listing Rule 5.23.2, the Company confirms in this subsequent public report that it is not
aware of any new information or data that materially affects the information included in any previous market
announcements.
QUARTERLY ANNOUNCEMENTS SUMMARY
Date Title
30-Mar-26 Step change targeting with high-resolution magnetics
12-Mar-26 Half Year Report and Accounts
5-Mar-26 Tenure Renewal and Lidar Sets Up Comstock's Future
3-Mar-26 Change of Director's Interest Notice x 3
3-Mar-26 Notification regarding unquoted securities - AKA
3-Mar-26 Section 708A Cleansing Statement
3-Mar-26 Application for quotation of securities - AKA
26-Feb-26 Results of 2026 Extraordinary General Meeting
25-Feb-26 Newly Identified High Grade Silver Component to St Arnaud
23-Feb-26 Change in Substantial Holding
19-Feb-26 RIU Explorers Conference Presentation
9-Feb-26 Section 708A Cleansing Statement
9-Feb-26 Application for quotation of securities - AKA
6-Feb-26 Managing Director transition to Employment Contract
3-Feb-26 Irvine Project Drilling - Further Tenacity Gold Intercepts
28-Jan-26 Notice of Extraordinary General Meeting/Proxy Form
27-Jan-26 December 2025 Quarterly Activities & Cashflow Report
ASX:AKA Aureka Limited | ABN 66 125 140 105 16
TENEMENT STATUS
The mineral tenement holding of the Aureka as of 31 March 2026 is set out below. The key change was
renewal of EL006819 and relinquishment of EL007431 both at the St Arnaud Project33.
Name Tenement Tenure Type Status
AKA Group
Interest
STAWELL CORRIDOR GOLD PROJECT (south of Stawell, Victoria)
Ararat1 EL 5476 Exploration Licence Granted 100%
Tatyoon EL 5480 Exploration Licence Granted 100%
Long Gully EL 006525 Exploration Licence Granted 100%
Westgate EL 006526 Exploration Licence Granted 100%
Petticoat Gully EL 006527 Exploration Licence Granted 100%
Dutton EL 006528 Exploration Licence Granted 100%
Eastern Maar ELA 006530 Exploration Licence Application 0%
Langi Logan EL 006702 Exploration Licence Granted 100%
Langi Logan West EL 006745 Exploration Licence Granted 100%
Margaret Gully ELA 006843 Exploration Licence Application 0%
Mininera EL 007125 Exploration Licence Granted 100%
Tatyoon North EL 007743 Exploration Licence Granted 100%
ST ARNAUD GOLD PROJECT (north of Stawell, Victoria)
St Arnaud EL 006556 Exploration Licence Granted 100%
Lord Nelson EL 006819 Exploration Licence
Granted /
Renewed until
203034
100%
St Arnaud East EL 007431 Exploration Licence Relinquished 0%
St Arnaud West EL 007436 Exploration Licence Granted 100%
Donald EL 007496 Exploration Licence Granted 100%
Jeffcott EL 007567 Exploration Licence Granted 100%
Donald EL 008117 Exploration Licence Granted 100%
STAVELY ARC PROJECT (west of Stawell, Victoria)
Stavely EL 5425 Exploration Licence Granted 15.63%3
Glenlyle EL 5497 Exploration Licence Granted 100%
JUBILEE GOLD PROJECT (west of Ballarat, Victoria)
Jubilee EL 006689 Exploration Licence Granted 100%
East Jubilee EL 007748 Exploration Licence Granted 100%
Snake Valley EL 007751 Exploration Licence Granted 100%
Nintingbool EL 007752 Exploration Licence Granted 100%
1
EL 5476 contains the Irvine Project JORC Resource
3
To be Transferred to Stavely Minerals Limited
33
ASX Release 5 March 2026 AKA: Tenure Renewal and Lidar Sets Up Comstock's Future
34
ASX Release 5 March 2026 AKA: Tenure Renewal and Lidar Sets Up Comstock's Future
Rule 5.5
ASX Listing Rules Appendix 5B (17/07/20) Page 1
+ See chapter 19 of the ASX Listing Rules for defined terms.
General
Appendix 5B
Mining exploration entity or oil and gas exploration entity
quarterly cash flow report
Name of entity
Aureka Limited
ABN Quarter ended (“current quarter”)
66 125 140 105 31 March 2026
Consolidated statement of cash flows Current quarter
$A’000
Year to date (9
months)
$A’000
1. Cash flows from operating activities
- -
1.1 Receipts from customers
1.2 Payments for
(661) (2,637)
(a) exploration & evaluation
(b) development - -
(c) production - -
(d) staff costs (221) (514)
(e) administration and corporate costs (348) (1,449)
1.3 Dividends received (see note 3) - -
1.4 Interest received - -
1.5 Interest and other costs of finance paid - -
1.6 Income taxes paid - -
1.7 Government grants and tax incentives - -
1.8 Other (provide details if material) - -
1.9 Net cash from / (used in) operating
activities
(1,230) (4,600)
2. Cash flows from investing activities
- -
2.1 Payments to acquire or for:
(a) entities
(b) tenements - -
(c) property, plant and equipment (34) (833)
(d) exploration & evaluation - -
(e) investments - -
(f) other non-current assets - -
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
ASX Listing Rules Appendix 5B (17/07/20) Page 2
+ See chapter 19 of the ASX Listing Rules for defined terms.
General
Consolidated statement of cash flows Current quarter
$A’000
Year to date (9
months)
$A’000
2.2 Proceeds from the disposal of:
- -
(a) entities
(b) tenements - -
(c) property, plant and equipment - -
(d) investments (Tandarra divestment) - 1,275
(e) other non-current assets - -
2.3 Cash flows from loans to other entities - -
2.4 Dividends received (see note 3) - -
2.5 Other (deposit for property acquisition) - (368)
2.6 Net cash from / (used in) investing
activities
(34) 74
3. Cash flows from financing activities
- 3,590
3.1 Proceeds from issues of equity securities
(excluding convertible debt securities)
3.2 Proceeds from issue of convertible debt
securities
- -
3.3 Proceeds from exercise of options - -
3.4 Transaction costs related to issues of equity
securities or convertible debt securities
(31) (281)
3.5 Proceeds from borrowings - -
3.6 Repayment of borrowings - -
3.7 Transaction costs related to loans and
borrowings
- -
3.8 Dividends paid - -
3.9 Other (repayment of lease liabilities) - (48)
3.10 Net cash from / (used in) financing
activities
(31) 3,261
4. Net increase / (decrease) in cash and
cash equivalents for the period
4.1 Cash and cash equivalents at beginning of
period
4,966 4,936
4.2 Net cash from / (used in) operating
activities (item 1.9 above)
(1,230) (4,600)
4.3 Net cash from / (used in) investing activities
(item 2.6 above)
(34) 74
4.4 Net cash from / (used in) financing activities
(item 3.10 above)
(31) 3,261
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
ASX Listing Rules Appendix 5B (17/07/20) Page 3
+ See chapter 19 of the ASX Listing Rules for defined terms.
General
Consolidated statement of cash flows Current quarter
$A’000
Year to date (9
months)
$A’000
4.5 Effect of movement in exchange rates on
cash held
- -
4.6 Cash and cash equivalents at end of
period
3,671 3,671
5. Reconciliation of cash and cash
equivalents
at the end of the quarter (as shown in the
consolidated statement of cash flows) to the
related items in the accounts
Current quarter
$A’000
Previous quarter
$A’000
5.1 Bank balances 3,671 4,966
5.2 Call deposits - -
5.3 Bank overdrafts - -
5.4 Other (provide details) - -
5.5 Cash and cash equivalents at end of
quarter (should equal item 4.6 above)
3,671 4,966
6. Payments to related parties of the entity and their
associates
Current quarter
$A'000
6.1 Aggregate amount of payments to related parties and their
associates included in item 1
148
6.2 Aggregate amount of payments to related parties and their
associates included in item 2
-
Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an
explanation for, such payments.
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
ASX Listing Rules Appendix 5B (17/07/20) Page 4
+ See chapter 19 of the ASX Listing Rules for defined terms.
General
7. Financing facilities
Note: the term “facility’ includes all forms of financing
arrangements available to the entity.
Add notes as necessary for an understanding of the
sources of finance available to the entity.
Total facility
amount at quarter
end
$A’000
Amount drawn at
quarter end
$A’000
7.1 Loan facilities - -
7.2 Credit standby arrangements - -
7.3 Other (please specify) - -
7.4 Total financing facilities - -
7.5 Unused financing facilities available at quarter end -
7.6 Include in the box below a description of each facility above, including the lender, interest
rate, maturity date and whether it is secured or unsecured. If any additional financing
facilities have been entered into or are proposed to be entered into after quarter end,
include a note providing details of those facilities as well.
N/A
8. Estimated cash available for future operating activities $A’000
8.1 Net cash from / (used in) operating activities (item 1.9) (1,230)
8.2 (Payments for exploration & evaluation classified as investing
activities) (item 2.1(d))
-
8.3 Total relevant outgoings (item 8.1 + item 8.2) (1,230)
8.4 Cash and cash equivalents at quarter end (item 4.6) 3,671
8.5 Unused finance facilities available at quarter end (item 7.5) -
8.6 Total available funding (item 8.4 + item 8.5) 3,671
8.7 Estimated quarters of funding available (item 8.6 divided by
item 8.3)
2.98
Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”.
Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7.
8.8 If item 8.7 is less than 2 quarters, please provide answers to the following questions:
8.8.1 Does the entity expect that it will continue to have the current level of net operating
cash flows for the time being and, if not, why not?
Answ
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