Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | S2 Resources Ltd (S2R.ASX) |
|---|---|
| Release Time | 27 Jul 2026, 8:23 a.m. |
| Price Sensitive | Yes |
S2 Resources Ltd Quarterly Activities Report
- Tenements granted and heritage surveys completed at Jillewarra, WA
- Drilling environmental approvals received for Warraweena, NSW
- Tenements granted and land access agreements signed at Loch Lilly, NSW
- Further gold-antimony anomalies identified in soil sampling at Yeungroon, VIC
- Strong cash position at end of quarter
S2 Resources Ltd's Quarterly Activities Report for June 2026 details significant progress across multiple projects. In Western Australia, tenements were granted and heritage surveys completed at the Jillewarra gold and base metals project. Environmental approval applications have been submitted, and drilling is pending. In New South Wales, drilling environmental approvals were received for the Warraweena project, and tenements were granted for the Loch Lilly project. Additionally, land access agreements were signed at Loch Lilly. In Victoria, further gold-antimony anomalies were identified in soil sampling at the Yeungroon project. The company maintained a strong cash position of A$18.57 million at the end of the quarter, with investments in Valkea Resources valued at A$5.41 million.
Planned cash outflows for the quarter ending 30 September 2026 are forecast to be approximately A$3.5 million.
S2 Resources Ltd anticipates starting drilling at the Jillewarra project in mid-August and plans to commence exploration at the Loch Lilly project in the December quarter.