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Sarytogan Graphite Limited (ASX:SGA)

ALERT: Price-sensitive ASX Announcement for SGA
Current share price for SGA : $0.060 -0.055 (-47.83%)+
Announcement
Release
31 Oct 2025 8:43AM
Price at Release
$0.115
Full Release
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Summary
Sarytogan Graphite Limited reported its Quarterly Activities and Cash Flow for the quarter ending 30 September 2025. During this quarter, significant progress was made in graphite and copper exploration activities. The company conducted bulk flotation of 700kg of milled ore for customer samples and received assay results from 20 holes of reserve definition drilling, all showing high-grade graphite mineralization. Engineering surveys are ongoing to support a Definitive Feasibility Study (DFS), with key contracts awarded to Wood Group and WSP. In financing activities, Sarytogan secured a placement and loan from Mr. Sarsenov, facilitating DFS advancements. Appendix 5B revealed a net cash outflow from operating and investing activities, with a balance of $1,004,000 in cash equivalents by the quarter's end. The report highlights Sarytogan's focus on developing a world-class graphite deposit in Kazakhstan, recognized under the EU's Critical Raw Materials Act.
Key Points
  • 700kg of milled ore undergoing bulk flotation for customer samples.
  • High-grade graphite mineralization reported from 20 drill holes.
  • Engineering surveys conducted for DFS with contracts awarded to Wood Group and WSP.
  • Sarsenov's financial support accelerating DFS activities.
  • Cash flow report shows net cash outflow and closing balance of $1,004,000.
  • Sarytogan's graphite deposit designated as a strategic project under EU's Critical Raw Materials Act.
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.