Caprice Resources (CRS) H2 2026 earnings summary

Executive summary

• Advanced multi-rig exploration across Western Australian gold portfolio, focusing on the Island Gold Project and expanding into the Comet Gold Project.

• Delivered strong drilling results at Vadrians, extended mineralisation, and initiated a 50,000m drilling campaign.

• Divested 75% interest in West Arunta for A$2.7 million cash, retaining free-carried exposure.

• Strengthened management with new appointments and raised A$12.8 million via equity placement.

Financial highlights

• Net loss after tax for FY2026 was $2,546,695, an improvement from $3,364,863 in FY2025.

• Total expenses decreased to $2,830,949 from $3,385,746 year-over-year.

• Cash and cash equivalents increased to $10,810,452 as of 30 June 2026, up from $7,776,990.

• Raised $12.8 million in gross proceeds from equity placement.

Outlook and guidance

• Ongoing resource-definition and extensional drilling at Vadrians and other Island corridor targets.

• Further metallurgical work and geological modelling to support a maiden Mineral Resource Estimate.

• Drilling at Comet Gold Project scheduled to commence in FY2027.