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APC Minerals Limited (ASX:APC)

ALERT: Price-sensitive ASX Announcement for APC
Current share price for APC : $0.009 -0.001 (-10%)+
Announcement
Release
31 Oct 2025 5:12PM
Price at Release
$0.010
Full Release
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Summary
APC Minerals Limited, holding 100% interest in Laverton Downs and Nexus Projects in Western Australia, reported a cash balance of $0.256 million for the quarter ending 30 September 2025. The Laverton Downs Project is notable for gold and base metal exploration, while the Nexus Project is positioned in a region with potential for rare earth deposits. The company incurred $91,000 in related party payments and $86,800 in exploration costs. Positive drill results from Laverton Downs reaffirmed the project's gold potential. APC is also coordinating heritage surveys with the Tjamu Tjamu Corporation at Nexus.
Key Points
  • APC Minerals Limited holds 100% interest in the Laverton Downs Project and Nexus Project.
  • The Laverton Downs Project is located in Western Australia's north-Eastern Goldfields and is prospective for gold, nickel, and other base metal sulphides.
  • The Nexus Project is located in the West Arunta region, an area with potential for rare earth and critical mineral deposits.
  • During the quarter ending 30 September 2025, APC reported cash on hand of $0.256 million.
  • Payments to related parties amounted to $91,000 for the quarter, covering directors' salaries and fees.
  • Exploration expenditure and evaluation costs totaled $86,800 for the quarter.
  • APC released positive drill results from the Laverton Downs Project indicating structural controls for gold mineralisation.
  • The company is engaged with Tjamu Tjamu Corporation for heritage surveys at the Nexus Project.
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.