Aureka Strengthens Balance Sheet to Accelerate Drilling Across Victorian Gold Portfolio
Aureka Limited (ASX: AKA) has completed a highly successful Australian dollars three point six million share placement, providing funding to expand exploration activity and add a second diamond drill rig in two thousand and twenty six. The placement attracted strong support from new and existing wholesale investors, reflecting growing confidence in the company’s exploration momentum and strategic direction. Funds will be used to accelerate drilling at the flagship Irvine Project along the Stawell Corridor, advance permitting and mill access discussions at the St Arnaud Comstock Project, progress drilling at Jubilee, and support working capital. Recent exploration success includes multiple intersections of visible gold, high-grade results outside the current JORC Resource, and the identification of new mineralised structures at Irvine. The additional drill rig is expected to materially increase drilling capacity and news flow. With strong investor backing, Aureka enters two thousand and twenty six well positioned to advance its Victorian gold portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Aureka Strengthens Balance Sheet to Accelerate Drilling Across Victorian Gold Portfolio
Aureka Limited (ASX: AKA) has completed a highly successful Australian dollars three point six million share placement, providing funding to expand exploration activity and add a second diamond drill rig in two thousand and twenty six. The placement attracted strong support from new and existing wholesale investors, reflecting growing confidence in the company’s exploration momentum and strategic direction. Funds will be used to accelerate drilling at the flagship Irvine Project along the Stawell Corridor, advance permitting and mill access discussions at the St Arnaud Comstock Project, progress drilling at Jubilee, and support working capital. Recent exploration success includes multiple intersections of visible gold, high-grade results outside the current JORC Resource, and the identification of new mineralised structures at Irvine. The additional drill rig is expected to materially increase drilling capacity and news flow. With strong investor backing, Aureka enters two thousand and twenty six well positioned to advance its Victorian gold portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au