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C29 Metals Limited has shared its update on activities for the quarter ending 31 December 2025.

C29 Metals Limited (ASX: C29) continued its focus on advancing existing assets and exploring acquisition opportunities during the quarter ended 31 December 2025. Key activities included progressing drilling plans at the Samsons Tank Copper project in the Lachlan fold belt, NSW, and preparing for upcoming tenement renewals. 

The company also worked on expanding its exploration portfolio by evaluating global acquisition opportunities. During the quarter, C29 entered into a convertible loan agreement with a director for AU$150,000, convertible on similar terms to the next capital raise. The company’s cash balance stood at AU$211,000 at the end of the quarter, with exploration expenditure amounting to AU$85,000. Additionally, C29 relinquished its Mayfield project and continued the process of relinquishing tenements in Kazakhstan. These strategic initiatives are designed to grow and diversify C29’s portfolio while delivering value to shareholders.

 

 

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