Patronus Resources (PTN) Q1 2026 TU earnings summary

Executive summary

• Strong exploration momentum maintained in WA and NT, with significant gold and uranium results across multiple prospects.

• High-grade gold intercepts at Guppy and X15 in WA, and confirmation of high-grade uranium at Thunderball in NT.

• Large-scale gold anomalies identified at Pine Creek through surface sampling.

• Well-funded position with $77.7M in cash and liquid assets at quarter-end.

Financial highlights

• Cash and liquid investments totaled $77.7M at 30 September 2025, including $7.1M cash, $40.2M in term deposits, and $30.4M in strategic investments.

• Market capitalisation at $142M with 1,479 million shares on issue.

• Completed a selective buyback of 9.66% of shares, increasing shareholder concentration.

Outlook and guidance

• Additional drilling at Guppy planned for 2026 to assess strike continuity and scale.

• Infill sampling and further exploration at Pine Creek to underpin 2026 drilling campaign.

• Focus on advancing towards 80% interest in the Golden Mile JV.