ADY.ASX: June Quarterly Activities Statement

June Quarterly Activities Statement

Stock	Admiralty Resources NL (ADY.ASX)
Release Time	30 Jul 2026, 5:55 p.m.
Price Sensitive	Yes

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Admiralty Resources NL June Quarterly Activities Statement

Key Points

Progress on Mariposa Iron Ore Project in Chile with permitting and infrastructure improvements
Regulatory approval for new transport routes to enhance export flexibility
Temporary suspension of mining and processing operations due to severe weather
Ongoing exploration activities and resource expansion plans
Financial updates including remuneration of Executive Chairman and annual report release

Full Summary

Admiralty Resources NL (ASX: ADY) has reported significant progress on its flagship Mariposa magnetite Iron Ore Project in Chile for the quarter ended 30 June 2026. The company achieved regulatory approval for new transport routes to enhance export flexibility and reduce reliance on the original logistics route. Despite a temporary suspension of mining and processing operations due to severe weather, ongoing exploration activities and resource expansion plans are underway. Infrastructure milestones include the completion of the 23 kV transmission line and the commissioning of the Mariposa electricity substation. The company plans to blast Platform 1 during July 2026, aiming to produce 50,000 tonnes of ore. Financial updates include the remuneration of Executive Chairman, Mr. Bin Li, and the release of the annual report for the financial year ending 30 June 2025, which reported a net loss after tax of $4,045,058.