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Connected Minerals’ Bailundo pivot enters its drilling phase
3:38pm on Wednesday 23rd of September, 2026 AEST
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Mining
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Connected Minerals’ Bailundo pivot enters its drilling phase
3:38pm on Wednesday 23rd of September, 2026 AEST
Key Points
A$5.66 million FY2026 net loss, including a A$3.40 million exploration write-off
Indirect 80% interest in Angola’s Bailundo carbonatite project completed after year end
A$4.5 million placement completed at A$0.165 a share
Approximately 6,000 metres of RC and diamond drilling underway
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