Quarterly Activities/Appendix 5B Cash Flow Report

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Stock KAO.ASX (KAO.ASX)
Release Time 31 Jul 2026, 8:26 a.m.
Price Sensitive Yes
 Kaoko Metals Quarterly Activities Report for June 2026
Key Points
  • Successful ASX listing and acquisition of Chalkos and Karibib projects
  • Maiden field programs commenced at both Chalkos and Karibib
  • New copper mineralisation discovered at Chalkos and high-grade assays at Karibib
  • Maiden drilling at Chalkos set to start with contract awarded to Optimine Exploration
  • Cash and cash equivalents at 30 June 2026 totalled $5.23 million
Full Summary

Kaoko Metals Limited reported its Quarterly Activities Report for the June 2026 quarter, highlighting a transformative period for the company. The company successfully listed on the ASX, raising $6.5 million (before costs) at $0.20 per share. It completed the acquisition of 100% interest in the Chalkos Copper-Silver Project and settled the earn-in for the Karibib Project. Maiden field programs commenced immediately following listing. At Chalkos, structural geological work was completed at priority prospects, and new copper mineralisation was discovered. At Karibib, high-grade copper, gold, and tungsten were confirmed. A diamond drilling contract was awarded to Optimine Exploration & Drilling Namibia for the Chalkos project. Cash and cash equivalents at 30 June 2026 totalled $5.23 million.

Guidance

Cash and cash equivalents at 30 June 2026 totalled $5.23 million

Outlook

The company is set to commence maiden diamond drilling at Chalkos and continue geochemical sampling at Karibib, with multiple exploration catalysts ahead.