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Parabellum Resources Limited (ASX:PBL)

ALERT: Price-sensitive ASX Announcement for PBL
Current share price for PBL : $0.060 -0.055 (-47.83%)+
Announcement
Release
24 Oct 2025 6:12PM
Price at Release
$0.115
Full Release
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Summary
Parabellum Resources Limited has released its quarterly activities report for the period ending 30 September 2025. During this quarter, the company continued planning exploration activities at its New South Wales projects, including Redlands, Whitbarrow, Recovery, and Lunns Dam. They have engaged technical consultants to assist with drilling initiatives at the Redlands Project and are assessing new project opportunities within the precious and base metals sector. The company maintained a cash position of $1.25 million at the quarter's end, with significant focus on cost control and minimal general administrative expenses. Exploration expenditures during this period amounted to $31,000, covering geological consulting and drill planning. Parabellum holds a 100% interest in several mining tenements, with no new acquisitions or relinquishments during the quarter.
Key Points
  • Planning of exploration activities at New South Wales projects is ongoing.
  • Technical consultants engaged for Redlands Project drilling activities.
  • Assessment of new project opportunities in precious and base metals continues.
  • Company's cash position at $1.25 million with strict cost control.
  • Exploration expenditure for the quarter was $31,000.
  • No new mining tenements acquired or relinquished during the quarter.
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.