Reported Earnings • Sep 30
Full year 2025 earnings released: AU$0.007 loss per share (vs AU$0.001 loss in FY 2024) Full year 2025 results: AU$0.007 loss per share (further deteriorated from AU$0.001 loss in FY 2024). Net loss: AU$22.1m (loss widened AU$19.8m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Annuncio • Sep 29
Citigold Corporation Limited, Annual General Meeting, Nov 19, 2025 Citigold Corporation Limited, Annual General Meeting, Nov 19, 2025. Board Change • May 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Sep 30
Citigold Corporation Limited, Annual General Meeting, Nov 21, 2024 Citigold Corporation Limited, Annual General Meeting, Nov 21, 2024. New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m (AU$46k revenue, or US$32k). Market cap is less than US$10m (AU$9.00m market cap, or US$6.22m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (4.4% increase in shares outstanding). New Risk • Jan 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$15.0m market cap, or US$9.90m). Minor Risk Shareholders have been diluted in the past year (5.9% increase in shares outstanding). Annuncio • Jan 18
Citigold Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 0.694875 million. Citigold Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 0.694875 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 126,340,909
Price\Range: AUD 0.0055
Transaction Features: Subsequent Direct Listing Annuncio • Jan 17
Citigold Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 0.694875 million. Citigold Corporation Limited has filed a Follow-on Equity Offering in the amount of AUD 0.694875 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 126,340,909
Price\Range: AUD 0.0055
Transaction Features: Subsequent Direct Listing Annuncio • Sep 26
Citigold Corporation Limited, Annual General Meeting, Nov 14, 2023 Citigold Corporation Limited, Annual General Meeting, Nov 14, 2023, at 13:00 E. Australia Standard Time. Annuncio • Sep 19
Citigold Corporation Limited Provides Update on its Continuing Exploration Program Around Charters Towers in North Queensland Citigold Corporation Limited provided an update on its continuing exploration program around Charters Towers in north Queensland. Exploration over the last two years has returned to grass roots, taking a fresh look at revised three-dimensional modelling of the geological structures and fractures that have been shown to host mineralization. Initial sampling followed conventional processes of stream sediment and float sampling, following up anomalous drainage basins with rock chip, float and soil sampling to define the spread of metals across the weathering profile. Surface sampling has picked up new mineralised areas and confirmed demagnetised zones in rocks mapped as uniform or unaltered return low to medium grade gold and base metal values as gold is dispersed during weathering and groundwater transport. The mineralization is dispersed during weathering, low gold values (less than 1 g/t Au) are expected in soil, with anomalous samples regarded as those returning 0.1 g/t Au or higher. Rock chip sampling of outcrop or rock float samples (loose pieces detached from outcrop and dispersed by mechanical weathering processes) may return assay values higher than 1 g/t Au. Assay results continue to come in, with the latest batch of 167 rock outcrop, float and soil samples being returned. The program sampled areas across three Exploration Permits located about four kilometer's to the south of Charters Towers with 147 sites sampled and 20 repeat or duplicate samples taken at selected sites for quality control. Samples comprised 1-2 kg of rock chips from outcrop or float and unscreened soil samples if outcrop was absent. Sample site numbers were 770 to 916. The Company holds five Exploration Permits for Minerals (EPMs) surrounding Charters Towers, as shown below in Figure 2. Recent work has focused on three sub-blocks of EPMs 15964, 15966 and 18813 located four kilometres south of Charters Towers. Of the 167 samples taken, 21 samples contained detectable gold and of these, four were considered anomalous. The anomalous samples are on the margin of a demagnetised zone in rocks mapped as uniform Towers Hill Granite. The demagnetised zone strikes north-northeast for about two kilometres and is about 300m wide and hosts five previously-mapped gold occurrences. The sampling has outlined anomalous gold results coincident with a demagnetised zone that hosts previously-mapped gold occurrences and warrants further investigation. All the detectable gold samples are located in or marginal to the demagnetised zones. The demagnetised zones may indicate areas of the granite that have been altered by mineralising fluids, resulting in the oxidation of the magnetic mineral magnetite to the non-magnetic hematite, creating a demagnetised zone within the granite. The sampling program is ongoing with follow-up sampling of earlier stream sediment anomalies progressing to the southeast of Charters Towers and results will be reported in due course. Charters Towers Project Overview: Citigold is an Australian gold mining and exploration company, operating on the high-grade Charters Towers goldfield in north-east Australia, 1,000 kilometres north of Brisbane, Queensland, and 130 kilometres south-west by sealed highway from the major coastal port of Townsville. The Company continues to advance its core activities including mine design and engineering, broad regional exploration programs, and working towards restarting its world-class gold mine. New Risk • Sep 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.8m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$12.9m market cap, or US$8.32m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Annuncio • Jan 20
Citigold Corporation Limited Completes a Further Round of Rock Chip Sampling, Following Up on Previous Stream Sediment Anomalies and Aerial Magnetic Anomalies Citigold Corporation Limited announced that it has recently completed a further round of rock chip sampling, following up on previous stream sediment anomalies and aerial magnetic anomalies, and the results are presented below. A total of 43 samples were taken on the Company's exploration tenements eight to ten kilometres to the southeast of Charters Towers. Of the 43 samples taken, 22 (51%) were regarded as anomalous. Values above 0.1 g/t gold, 1 ppm (g/t) silver and 100ppm copper, lead and zinc are regarded as anomalous. Three samples exceeded 3 g/t Au with a high of 7.99 g/t Au in surface rock samples. The anomalous values highlight areas well away from current Company Mining Leases and some are associated with aeromagnetic lows in granitic rocks that may represent areas of mineral alteration that may be caused by metal-bearing fluids. These areas will be followed up with ground traverses, mapping and, if warranted, geophysical surveys prior to drilling. The ongoing exploration program is following up on targets generated over the last two years, examining stream sediment geochemistry, geophysical surveys, satellite imagery and three-dimensional structural analysis aimed at determining the geological stress patterns that generate the faults and fracture systems within the Charters Towers goldfield that may host mineralisation. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Sep 30
Citigold Corporation Limited Provides Exploration Update Citigold Corporation Limited provided an exploration update. Anomalous gold results identified 18 sites in an area that has no historical known outcropping gold deposits. Further work to trace the source of the anomalous rock samples is underway. Geophysical data and structural geology are being assessed to narrow down areas for further analysis and field sampling. Follow-up rock sampling in creeks to the north of Charters Towers continued to return encouraging anomalous gold results (greater than 0.1 g/t) across an area 9 km east-west by 6km north-south. From a program of 116 sample sites, 18 sites returned fire-assay gold results greater than 0.1 g/t Au in an area that has no historical known outcropping gold deposits. Anomalous samples from the eastern flank are a lower priority, as they occur along Gladstone Creek and then drain to known mineralised areas further south. However, the northern and western sites are of particular interest and may indicate previously unknown outcropping gold mineralisation. Further work to trace the source of the anomalous rock samples is underway. Interpretation of geophysical data and structural geology are being assessed to narrow down areas for further analysis and field sampling. A soil sampling program may be undertaken if the outcrop sources cannot be easily located. Areas to the south of Charters Towers around the Imperial mine site will also be followed up after earlier sampling returned samples indicative of volcanogenic massive sulphide (`VMS') style of mineralisation. Charters Towers Project Overview Citigold is an Australian gold mining and exploration company, operating on the high-grade Charters Towers goldfield in north-east Australia, 1,000 kilometres north of Brisbane, Queensland, and 130 kilometres south-west by sealed highway from the major coastal port of Townsville. The Company continues to advance its core activities including mine design and engineering, broad regional exploration programs, and working towards restarting its world-class gold mine. Annuncio • Aug 23
Citigold Corporation Limited, Annual General Meeting, Oct 11, 2022 Citigold Corporation Limited, Annual General Meeting, Oct 11, 2022, at 14:00 E. Australia Standard Time. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non Executive Director John Foley was the last independent director to join the board, commencing their role in 1993. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Jul 15
Citigold Corporation Limited Provides an Update on the 2021 Regional Exploration Program at its Charters Towers Gold Project Citigold Corporation Limited (‘Citigold’ or ‘Company’) provided an update on the 2021 regional exploration program at its Charters Towers Gold Project. The stream sediment sampling program previously announced (20 April 2021) has been expanded with follow-up and infill sampling at 74 sites. In the initial program discussed in earlier releases (19 January 2021 and 23 March 2021), 84 sites were sampled, with three types of samples were taken at each site: 3-5kg of -2mm sand analysed for gold by Bulk Cyanide Leach (BCL), 1-3kg of rock chip or rock float from the stream bed, analysed for gold by 50g fire assay and for a 35-element scan by Inductively Couple Plasma Atomic Emission Spectroscopy (ICP-AES, and 3-5kg of -2mm sand analysed for gold by 50g fire assay and for a 35-element scan by Inductively Couple Plasma Atomic Emission Spectroscopy (ICP-AES). During May and June 2021, an expanded program of sampling 74 additional sites was planned to infill the more broad sampled areas and to follow up on the earlier anomalies. As in the earlier program, three samples were planned to be taken at each site, as detailed above, totaling 222 samples from 74 sites. Fieldwork was completed in late June 2021, with the first batch of 74 samples submitted to the same commercial laboratory in Townsville for analysis of gold by Bulk Cyanide Leach. The samples have been transported to Perth for this analysis and results are awaited. The remaining samples have been prepared and will be dispatched to the laboratory during the Quarter. These exploration efforts surround the gold production Mining Leases of 23 square kilometres and include the `Central' gold mining site. The exploration efforts aim is over time to increase mineral resources and reserves. The exploration areas include 26 square kilometres of Mineral Development Licenses and 163 square kilometres of Exploration Permits. Annuncio • Mar 15
Citigold Corporation Limited Announces Ongoing Results of Latest Broad Regional Exploration Program Citigold Corporation Limited announces ongoing results of it's latest broad regional exploration program. Further sample results have been returned from the stream sediment and rock chip exploration sampling program across Citigold's land holdings. Of the 84 sites sampled, twelve
(14%) have returned anomalies in the -2mm sand fraction of stream sediments. Based on log-probability statistical analysis, gold values above 0.1 g/t Au, copper, lead and zinc values above 100ppm and arsenic values above 20 ppm are considered anomalous for this area. Gold was analysed by commercial laboratories in Townsville and Perth using 50g fire assay with atomic absorption spectrometry finish on sub-samples from 2-5 kg screened sand samples. Base metals were analysed by Inductively Couple Plasma Atomic Emission Spectrometry (ICP- AES). The majority of the anomalous samples are in and around the Charters Towers urban and suburban areas and are predominantly downstream of known old gold mines and their
associated processing mills and stamper batteries. Four of the samples are in Gladstone Creek, downstream of the Venus gold battery and processing works which operated from 1872 until 1975 when it was acquired by the Qld National Trust for preservation as a tourist attraction. Anomalous gold in the -2mm sand fraction was detected in the current sampling program up to nine kilometres downstream of the battery. The anomalous results in this set of samples are unlikely to identify new mineralisation but have been useful in determining how far gold particles can be traced downstream away from their source. The anomalous samples with their coordinates and assay results are tabled below. All base metal anomalies were associated with anomalous gold values and are typical of the Charters Towers style of mesothermal mineralisation, with gold above 0.1 g/t Au showing a strong
association with lead and zinc above 100ppm but low copper and arsenic values. Sampling is planned to resume in late March or early April following the end of the Wet Season which has delayed the commencement of work in 2021. Annuncio • Jan 20
Citigold Corporation Limited Announces Ongoing Results of it's Latest Broad Regional Exploration Program Citigold Corporation Limited announced ongoing results of it's latest broad regional exploration program. A geochemical sampling program was completed at the end of December 2020 with assay results being returned recently. The results have highlighted the potential for new undiscovered mineralised bodies to the north of Charters Towers, and a different style of mineralisation to the south. A series of stream sediment Bulk Cyanide Leach samples were taken over 84 sites together with rock float and sediment samples. Of the 82 rock float samples collected, 19 were below detection limit, 29 were considered anomalous (greater than 0.1 g/t Au) and of these, 16 were greater than 0.5 g/t Au. Eight samples were 1 g/t Au or higher. However, three anomalous samples over 0.5 g/t Au (Sample Nos. 51, 55 and 69) were located at the northern extremity of the Exploration Permits, five to eight kilometres north of the centre of Charters Towers and returning gold values of 0.59, 0.51 and 0.83 g/t Au respectively. These are considered highly significant, as the historical workings at Charters Towers were not considered to persist north of the city. The occurrence of rock float samples 5-8 km north of the city indicate that gold-bearing outcrops are shedding into creeks in an area not previously known to be mineralised. There are no known or previously-mined gold deposits in this area, so these three samples have highlighted new mineralisation with the potential for northern extensions of the known cross veins and new east-west lodes. This highlights potential for the main NNW-SSE trending gold-bearing lode systems at Charters Towers to persist to the north of the city, and for the existence of undiscovered new east-west lodes parallel to the Brilliant, Day Dawn and Queen-Sunburst lodes. These samples will be followed up after the end of the Wet Season. In addition, three high value rock float samples were located south of the city. Sample numbers 6, 74 and 35 returned high gold values of 15.3, 10.15 and 3.17 g/t Au respectively. Sample No. 6 (15.3 g/t Au) is on MDL 119, with two previously-mapped gold occurrences (Perfect Cure and Queenslander) 300m to the east and one previously-mapped occurrence 600m to the southwest but this is in a different drainage basin and cannot be a source. The Little Red Bluff gold deposit lies at the head of the drainage basin in which Sample No. 6 is located, and this is a possible source. Sample No. 35 lies 300m to the southwest of the previously-mapped Poverty gold deposit but is upstream of the Poverty and unlikely to be related to this deposit. This may indicate previously-unknown mineralisation. Sample No. 74 is considered highly significant. It has a base metal and silver signature that more closely matches a Volcanogenic Massive Sulphide (VMS) deposit than the traditional Charters Towers style of mineralisation. The sample returned 2.03% zinc, 0.8% lead, 0.07% copper and nearly an ounce to the tonne silver (29 g/t Ag). It is located 200m northeast of the northeast corner of ML 10335 that covers the eastern extensions of the Imperial Mine lodes. There is no known mineralisation in the 1.5 kilometres drainage basin upstream of the float sample location. This sample may indicate potential for a VMS style of deposit in the drainage basin, similar to VMS mineralisation found the south at Liontown and to the west at Thalanga. Results have not yet been returned for 84 stream sediment samples (screened to -2mm) submitted for gold and base metal analysis. Once all results have been returned and assessed, a follow-up sampling and mapping program will be undertaken. Citigold is an Australian gold mining and exploration company, operating on the core high-grade Charters Towers goldfield in north-east Australia, 1,000 kilometres north of Brisbane, Queensland, and 130 kilometres south-west by sealed highway from the major coastal port of Townsville. The Gold Project is one of Australia's largest high-grade pure gold deposits. Annuncio • Dec 18
Citigold Corporation Limited announced that it expects to receive AUD 0.45 million in funding Citigold Corporation Limited (ASX:CTO) announced a private placement of 45,000,000 common shares at a price of AUD 0.01 per share for gross proceeds of AUD 450,000 on December 17, 2020. The company will pay a placement fee of AUD 20,000 in the transaction. The company expects to close the transaction on December 22, 2020. Annuncio • Dec 06
Citigold Corporation Limited Announces Stream Sediment Sampling Program Citigold Corporation Limited announced that in September 2020 Citigold commenced a new stream sediment sampling program across its four Exploration Permits (EPM) and three Mineral Development Licences (MDL) surrounding Charters Towers in north Queensland. The first assay results have started to be returned. At each site, three samples were taken - 3kg of -2mm sediment for analysis by Bulk Leach Extractable Gold (BLEG), a 2kg rock chip sample of float or outcrop and a 2kg sample of - 2mm sediment for base metal analysis. Copper, lead, zinc and silver are known to be associated with the Charters Towers style of mineralization and these elements can be used as tracers for near-surface mineralization. The BLEG method is an extremely sensitive gold detection technique that can detect gold values down to one part per billion, and can detect traces of gold in stream sediments up to 10 kilometres downstream of mineralization. Samples were taken at a density of approximately one sample per two square kilometres. The first batch of 50 samples analysed for gold by the BLEG method have been returned from the commercial laboratory in Townsville. Statistical analysis was undertaken to determine the population distribution and to identify any samples regarded as anomalous. Samples above 150 parts per billion (ppb) BLEG were determined to be anomalous from log-probability analysis. Of the 50 sample results returned to date, 17 are anomalous and these are tabled below. The first three samples were orientation samples adjacent to the Nagle Street Central Decline portal, an historical tailings storage area in Millchester Road and the old Venus Gold Battery, and these returned expected high values. The remaining 14 anomalous samples are generally located to the south of Charters Towers. The remaining samples have been submitted for assay and the anomalous BLEG samples will be assessed together with the data from the base metal sampling and rock chip samples when these results are returned. The stream sediment program, while still in its early stages, has highlighted areas of interest for further work and follow-up sampling. This will be undertaken in early 2021 after all assays are returned and following the end of the Wet Season. The results from the soil geochemistry will assist understanding of the style and structural controls of the gold mineralisation and assist identification areas of more intense future exploration programs. A field trip was also undertaken during the period to help identify accessibility to exploration areas. The fullest exploration of the Charters Towers goldfield is planned. Substantial exploration funds are in overall go-forward budgets. Annuncio • Nov 18
Citigold Corporation Limited announced that it expects to receive AUD 0.55 million in funding Citigold Corporation Limited (ASX:CTO) announced a private placement of 50,000,000 common shares at a price of AUD 0.011 per share for gross proceeds of AUD 550,000 on November 17, 2020. The company will pay a placement fee of AUD 30,000 in the transaction. The company expects to close the transaction on November 20, 2020. Annuncio • Oct 05
Arun Panchariya Resigns as Non-Executive Director of Citigold Corporation Limited Citigold Corporation Limited advised that Mr. Arun Panchariya has resigned as a Non-Executive Director of the Company, effective as of 5 October 2020, due to his full time commitments elsewhere. Annuncio • Sep 21
Citigold Corporation Limited announced that it expects to receive AUD 0.25 million in funding Citigold Corporation Limited (ASX:CTO) announced a private placement of 25,000,000 common shares at a price of AUD 0.01 per share for gross proceeds of AUD 250,000 on September 21, 2020. The transaction is expected to close on September 24, 2020.