WA1 Resources Reports AU$138 Million Cash Balance at End of December 2025 Quarter; Shares Up 4%

MT Newswires Live

01/28

WA1 Resources (ASX:WA1) reported a cash balance of AU$138 million as of Dec. 31, 2025, according to a Wednesday Australian bourse filing.

The company said it drilled 35,000 meters in 2025 with results to inform an updated mineral resource estimate in 2026, targeting improved definition of key high-grade zones.

The company said pre-development site works for a temporary airstrip are ongoing, and bore installation pump testing program has been completed to inform hydrogeological modeling and studies.

The company added that various activities are continuing across multiple disciplines to address critical path items, including engineering studies and approvals.

The company's shares rose almost 4% in recent Wednesday trade.

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