E79 Gold Mines Releases Q3 2025 Cashflow Report
Key points
- Net cash used in operating activities of $827k
- Cash and cash equivalents of $1.28M at quarter end
- Reduced exploration expenditure expected in Q4 2025
Full summary
E79 Gold Mines Ltd released its quarterly cashflow report for the period ended 30 September 2025. The company reported net cash used in operating activities of $827k, primarily due to exploration and evaluation staff costs, administration, and corporate expenses. Cash and cash equivalents at the end of the quarter stood at $1.28M. E79 Gold noted that it expects reduced exploration expenditure in the December 2025 quarter. The company undertook a capital raising in October 2025 and the Board continues to monitor the cash position as the company progresses with its planned exploration programs. Overall, the report provides an update on E79 Gold's financial position and operational activities for the September 2025 quarter.
Outlook
The company expects reduced exploration expenditure in the December 2025 quarter as it continues to progress its planned exploration programs.
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