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Reedy Lagoon brings Burracoppin drilling closer after fresh capital

2:19pm on Friday 30th of October, 2026 AEDT • Mining
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Reedy Lagoon brings Burracoppin drilling closer after fresh capital

2:19pm on Friday 30th of October, 2026 AEDT
Key Points
  • Up to $2.5 million raised through two share placements
  • Lady Janet gold drilling targeted for late 2026 or early 2027
  • Shallow magnetite drilling planned within cleared areas
  • Quarter-end cash stood at $90,000, equivalent to 1.7 quarters of funding
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