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Aureka Limited ( (AU:AKA) ) has shared an update.
Aureka’s December 2025 quarter marked a period of significant operational progress, highlighted by record high-grade gold assays at both the Irvine and St Arnaud Comstock projects, including the highest assay since Irvine’s discovery and new high-grade footwall vein structures. The company strengthened its strategic position by divesting its Tandarra JV interest for $1.3 million in cash to fund continued drilling and land access at Irvine, securing a permanent land access partnership, engaging Core Prospecting to assess a near-term mining pathway and local milling options for Comstock, and raising $3.6 million via a share placement, leaving it with $5 million in cash and momentum to accelerate exploration into 2026 amid strong gold prices.
More about Aureka Limited
Aureka Limited (ASX: AKA) is an advanced-stage gold exploration company focused on Victoria’s historic goldfields, with its flagship Irvine project located south of the 5.3Moz Stawell Gold Mine and its St Arnaud Comstock project seen as a nearer-term production opportunity. The company targets high-grade gold mineralisation, advancing projects through extensive diamond drilling and strategic partnerships, including access to nearby milling infrastructure and permanent land access arrangements to support future development.
Average Trading Volume: 246,843
Technical Sentiment Signal: Sell
Current Market Cap: A$22.03M
For an in-depth examination of AKA stock, go to TipRanks’ Overview page.