Polymetals Resources Limited (ASX: POL) has provided a comprehensive update for the quarter ended 31 December 2025. The quarter was marked by the tragic loss of two employees in an unintended explosion at the Endeavor Mine on 28 October 2025, which significantly impacted operations. Despite the operational disruptions, production resumed in mid-November, with the first zinc concentrate shipment completed in October and the first silver-lead concentrate shipment in December. Exploration activities, including drilling at the Carpark and Endeavor South corridors, continue to advance, with a focus on expanding resources near the existing infrastructure. The company secured additional working capital, including a AU$ 34.4 million placement, to support exploration and operational activities. As of the end of the quarter, Polymetals held a cash balance of AU$ 30 million, with AU$ 15 million in undrawn finance available to support ongoing operations.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Polymetals Resources Provides Quarterly Update Amid Endeavor Mine Ramp-Up
Polymetals Resources Limited (ASX: POL) has provided a comprehensive update for the quarter ended 31 December 2025. The quarter was marked by the tragic loss of two employees in an unintended explosion at the Endeavor Mine on 28 October 2025, which significantly impacted operations. Despite the operational disruptions, production resumed in mid-November, with the first zinc concentrate shipment completed in October and the first silver-lead concentrate shipment in December. Exploration activities, including drilling at the Carpark and Endeavor South corridors, continue to advance, with a focus on expanding resources near the existing infrastructure. The company secured additional working capital, including a AU$ 34.4 million placement, to support exploration and operational activities. As of the end of the quarter, Polymetals held a cash balance of AU$ 30 million, with AU$ 15 million in undrawn finance available to support ongoing operations.
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au