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Mindax (MDX) investor relations material
Mindax Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary28 Oct, 2025
Executive summary
Secured an Option Deed to acquire Norton's 35% stake in the Mt Forrest magnetite iron ore project, aiming for 100% ownership and regional consolidation.
Raised A$1.6 million through a share placement to accelerate project development and fund gold exploration initiatives.
Advanced discussions with stakeholders for the Mid-West Shared Infrastructure Project to facilitate ore transport.
Financial highlights
Exploration and evaluation expenditure for the quarter totaled A$1,684,522, mainly for gold exploration and tenement payments.
Cash payments to related parties during the quarter amounted to $189,133, covering director and consulting fees.
Outlook and guidance
Ongoing review of regional consolidation opportunities to achieve scale for infrastructure development.
Continued engagement with potential development partners for Mt Forrest and further advancement of the Mid-West Shared Infrastructure Project.
Further geological studies and AI-assisted prospecting planned for gold projects to refine drill targets.
Mt Forrest 35% acquisition funding strategy?
MWSIP next phase advancement pathways?
Mt Lucky AI-assisted prospecting progress?
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H1 202610 Mar, 2026
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Frequently asked questions
Mindax Limited is an Australian exploration and development company focused on mineral resource projects, primarily in Western Australia. The company’s portfolio includes projects targeting iron ore, gold, and other base metals. Mindax Limited is involved in various stages of the mineral development process, from exploration to project feasibility assessments, aiming to advance its assets and support the growing demand for minerals in domestic and international markets. The company is headquartered in Perth, Australia, and its shares are listed on the ASX.
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