CZR Resources Ltd (ASX:CZR)

ALERT: Price-sensitive ASX Announcement for CZR

Current share price for CZR : $0.220 -0.215 (-49.43%)⁺

Announcement

Quarterly Activities/Appendix 5B Cash Flow Report

Release

15 Jan 2026 9:29AM

Price at Release

$0.435

Full Release

Summary

CZR Resources Ltd has reported significant activities in its December 2025 Quarterly Activities Report. The company completed the first phase of reverse circulation drilling at the Top Camp prospect within the Croydon Gold Project, designed to bolster high-grade gold mineralisation and test for Hemi-style intrusions. Additionally, CZR is preparing to commence drilling at the Edamurta copper project, having completed the necessary heritage survey. Financially, the company holds $21.75 million in cash and equivalents, projecting funding availability for approximately 2.60 quarters, with net cash used in operating activities totaling $8.371 million for the quarter. The report also notes proceeds of $74,344 from the sale of tenements, while indicating no drawn or available financing facilities by quarter-end.

Key Points

CZR completed first phase of RC drilling at Croydon Gold Project's Top Camp prospect.
Drilling aimed to extend high-grade gold mineralisation and test for Hemi-style intrusions.
Edamurta copper project to start drilling, with heritage survey completed.
CZR reported cash equivalents of $21.75 million at the end of the quarter.
Projected funding available for 2.60 quarters based on current cash flow.
No financing facilities were drawn or available at the end of the quarter.
Net cash used in operating activities was $8.371 million for the quarter.
Proceeds from the sale of tenements amounted to $74,344.

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.