WA1 Resources (ASX:WA1) reported a cash balance of about AU$72.8 million for the quarter ended June 30, down from last year's AU$82 million, according to a Monday filing with the Australian bourse.

The company incurred AU$10 million in expenses during the quarter, which were allocated to exploration and evaluation activities, the filing said.

Meanwhile, three drill rigs continue to progress field activities at the company's West Arunta project in Western Australia, per the filing.