Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Moonlight Resources Ltd ( (AU:ML8) ) has shared an announcement.
Moonlight Resources Ltd reported that it successfully completed its IPO and commenced trading on the ASX on 11 December 2025, raising A$10 million before costs to fund accelerated exploration, and ended the December quarter with a strong cash position of A$9.03 million. During the quarter, the company launched and completed an initial confirmatory and infill drilling campaign at the Leo Grande Prospect within the Clermont Project, with assays received after quarter-end showing gold mineralisation in all 14 reverse circulation drill holes, including multiple thick, near-surface intervals that validate the existing geological model, confirm continuity along the Leo Grande Shear Zone, demonstrate potential for depth and strike extensions, and support future resource estimation efforts aided by a completed LiDAR survey over three high-priority target areas.
More about Moonlight Resources Ltd
Moonlight Resources Ltd is an Australian gold exploration company listed on the ASX, focused on advancing its Clermont Project in Queensland. The company is pursuing accelerated exploration, including drilling and surveying, to define and expand gold mineralisation within priority targets such as the Leo Grande Prospect.
Average Trading Volume: 209,522
See more data about ML8 stock on TipRanks’ Stock Analysis page.