InvestSMART

Ronin Resources Ltd (ASX:RON)

ALERT: Price-sensitive ASX Announcement for RON
Current share price for RON : $0.185 0.01 (5.71%)+
Announcement
Release
31 Oct 2025 9:38AM
Price at Release
$0.175
Full Release
download
Summary
The RON September 2025 Quarterly Activities Report by Ronin Resources Ltd outlines significant developments in their mining projects, including promising assay results from initial sampling indicating epithermal deposits with gold, silver, and copper. The best samples came from a distinct alteration zone, prompting further exploration activities. The company expanded its operational base by acquiring a new tenement in Argentina as part of the La Punilla project. Financially, Ronin Resources reported a net cash outflow from operations and maintained cash reserves of $3.266 million by the quarter's end.
Key Points
  • Assay results confirmed epithermal quartz-sulphide veining with anomalous gold, silver, and copper.
  • Best rockchip sample returned 0.27 g/t Au, 5.6 g/t Ag, and 0.13% Cu.
  • The company was granted its second tenement in Argentina, part of the La Punilla project.
  • Ronin Resources Ltd holds several mining tenements with 100% interest in Colombia and Argentina.
  • Net cash used in operating activities was negative $54,000 for the quarter.
  • Cash and cash equivalents at the end of the quarter were $3.266 million.
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.