Sentinel Metals (SNM) H2 2025 earnings summary

Executive summary

• Transitioned to a publicly listed company on the ASX in October 2025, raising $10 million via an oversubscribed IPO at $0.20 per share, supporting exploration at the Columbia Gold-Silver Project in Montana, USA.

• Advanced exploration activities, including a maiden field program, high-resolution geophysics, and structural mapping, resulting in high-priority drill targets for a 2026 drilling campaign.

• Appointed key technical and executive personnel to strengthen leadership and technical capability.

Financial highlights

• Net loss for the year ended 31 December 2025 was $1,602,325, compared to a loss of $108,164 for the five months ended 31 December 2024.

• Cash and cash equivalents at year-end were $6,978,306, up from $165,820 at the end of 2024.

• Total assets increased to $12,606,289 from $3,032,406 year-over-year.

• Share-based payment expenses totaled $393,045 for the year.

• No dividends were declared or paid during the period.

Outlook and guidance

• Planned commencement of a ~5,000m diamond drilling program in April 2026 to test deep and lateral targets at the Columbia Project.

• Focus on expanding the mineral resource and advancing geological models for future growth.