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Bathurst Resources Limited (ASX:BRL)

ALERT: Price-sensitive ASX Announcement for BRL
Current share price for BRL : $0.510 -0.12 (-19.05%)+
Announcement
Release
31 Oct 2025 4:08PM
Price at Release
$0.630
Full Release
download
Summary
The document provides an update on the resources and reserves of Bathurst Resources Limited as of 30 June 2025. Notably, the total marketable reserves increased by 27.2 million tonnes, reaching 33.9 million tonnes. Total resources, including the Tenas project, saw a decrease from 159.1 million tonnes to 152.7 million tonnes. Key changes include the completion of the Buller Plateau Continuation Project Pre-Feasibility Study, which led to the declaration of new reserves at various locations, and the addition of 16.5 million tonnes of marketable reserves at the Tenas project following an updated Definitive Feasibility Study. Changes in assessment methods led to a decrease in resources at several sites, while others saw reductions due to depletion from mining activities.
Key Points
  • Total marketable reserves increased to 33.9 Mt.
  • Total resources decreased to 152.7 Mt including Tenas.
  • Buller Plateau Continuation Project led to new reserve declarations.
  • 16.5 Mt added at Tenas project with updated feasibility study.
  • Resource decreases due to changes in assessment at multiple sites.
  • Depletion from mining reduced resources at Stockton, Rotowaro, Maramarua, and Takitimu.
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.