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C29 Metals Limited (ASX: C29) focused its Q3 2025 efforts on reviewing its Australian copper and gold assets, identifying the Samsons Tank Copper Project in New South Wales as its top exploration priority. The company plans to drill test two high-potential targets following a comprehensive geological review.
C29 also confirmed the relinquishment of the Mayfield Copper & Gold Project in Queensland, determining it no longer warrants further exploration. The company continues to assess new global acquisition opportunities to diversify its project portfolio and drive shareholder value.
As at 30 September 2025, C29 held AU$653,000 in cash and recorded AU$102,000 in exploration expenditure for the quarter. Managing Director Shannon Green said C29 is focused on advancing Samsons Tank and pursuing strategic acquisitions to strengthen its Australian exploration footprint and future growth prospects.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.