InvestSMART

Discovery Alaska Limited (ASX:DAF)

ALERT: Price-sensitive ASX Announcement for DAF
Current share price for DAF : $0.013 -0.005 (-27.78%)+
Announcement
Release
30 Jan 2026 6:06PM
Price at Release
$0.018
Full Release
download
Summary
Discovery Alaska Limited has provided its Quarterly Activities and Cashflow Report for the quarter ending December 2025. The company, which focuses on mineral exploration, holds a 100% interest in the Chulitna Gold Project in Alaska and an option to acquire the Boulder Creek Gold-Silver Project in Idaho. During the quarter, Discovery Alaska continued its exploration activities, focusing on historical anomalous areas and preparing exploration programs for the Boulder Creek Project. Financially, the company reported cash reserves of approximately $0.1 million and incurred $29,000 in exploration and evaluation costs. The report also highlighted the company's strategy to seek additional funding opportunities to support ongoing operations.
Key Points
  • Discovery Alaska Limited reported its quarterly activities and financials for December 2025.
  • The company holds a 100% interest in the Chulitna Gold Project and an option for the Boulder Creek Gold-Silver Project.
  • Exploration efforts focused on historically anomalous areas in the Boulder Creek Project.
  • Cash reserves stood at approximately $0.1 million at the end of the quarter.
  • The company incurred $29,000 in exploration and evaluation costs.
  • Discovery Alaska is exploring funding options to sustain operations.
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.