Carbine Resources Limited (ASX:CRB)

ALERT: Price-sensitive ASX Announcement for CRB

Current share price for CRB : $0.010 0.006 (150%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

31 Jul 2025 9:31AM

Price at Release

$0.004

Full Release

Summary

Carbine Resources Limited (ASX: CRB) released its Quarterly Activities and Appendix 5B Cash Flow Report for the period ending March 31, 2024. The report highlights ongoing exploration activities at its Fraser Range Nickel-Copper Project, with significant progress in geophysical surveys and preparations for drilling programs. The company maintained a strong cash position with a closing balance of $2.4 million, and it continues to prioritize prudent financial management and exploration spending. There were no substantial production or sales activities reported during the quarter. The company remains focused on advancing its exploration assets while monitoring market conditions and maintaining tight cost controls.

Key Points

Quarterly report covers the period ending March 31, 2024.
Carbine Resources Limited focused on exploration at the Fraser Range Nickel-Copper Project.
Geophysical surveys completed and further target generation ongoing.
Preparation underway for planned drilling programs.
No production or sales revenue recorded for the quarter.
Strong cash position with a closing balance of $2.4 million.
Emphasis on disciplined financial management and exploration investment.
No significant changes to tenement holdings or corporate structure reported.
Detailed Appendix 5B cash flow statement included.
Company maintains a focus on advancing exploration assets and monitoring macroeconomic conditions.

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.