• Mineral Resource Estimate for Redlands Project expected in September quarter
• Assessment of new project opportunities ongoing
• Relinquished Recovery Project due to lower potential
• Focus on new acquisitions in precious and base metals

Parabellum Resources Limited, an ASX-listed mineral exploration company, provided an update on its activities during the June 2026 quarter. The company is working on an initial Mineral Resource Estimate (MRE) for its Redlands Project, with results expected in the September quarter. Additionally, Parabellum Resources is assessing several new project opportunities that could potentially create value for shareholders. The company's focus remains on acquiring new precious and base metal assets. Furthermore, the company decided to relinquish the Recovery Project (EL 9189) due to its lower potential.

Mineral Resource Estimate results expected in the September quarter

The company is optimistic about the potential of its new project opportunities and its ongoing exploration activities.