Audalia Resources Annual Report for Year Ending June 2026
Summary
Audalia Resources Limited has released its annual report for the year ending June 2026. The report includes updates on the Medcalf Project, a vanadium-titanium-iron project in Western Australia. Key developments include an updated Mineral Resource Estimate (MRE) and geotechnical and metallurgical work. The MRE was updated with additional drilling, increasing the Indicated Mineral Resource by 35%. Geotechnical studies have been completed to support mine design, and metallurgical test work has been conducted to refine processing methods.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- Medcalf Project is located 470 km southeast of Perth, WA.
- Indicated Mineral Resource increased by 35% from 2022.
- 71 drill holes completed for 2,564 meters in 2024 and 2025.
- Geotechnical work updated for mine designs.
- Metallurgical testwork completed using 2025 drill core.
Key Points
- Annual report released for the year ending June 2026.
- Medcalf Project updates include a 35% increase in Indicated Mineral Resource.
- Geotechnical and metallurgical studies completed for mine design and processing.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Technical — The announcement includes detailed technical information about resource estimates and geotechnical assessments.
Share Price Reaction
Following the announcement, the share price moved from $0.0220 to $0.0250 over five trading days, representing a increased of 13.6%.
- Price at announcement: $0.0220
- 1 day change: 0.00%
- 5 day change: 13.64%
Share price data may be delayed.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
