New Risk • Oct 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 27% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (AU$9.47m market cap, or US$6.26m). Announcement • Sep 22
CGN Resources Limited, Annual General Meeting, Nov 07, 2025 CGN Resources Limited, Annual General Meeting, Nov 07, 2025. Announcement • Apr 08
CGN Resources Limited Announces the Commencement of Exploration Programs At Its Webb Project for 2025 CGN Resources Limited announced the commencement of exploration programs at its Webb Project ("Webb") for 2025. The Company's has mobilised its field team to Webb to complete site preparations for drilling planned to commence late in April 2025. The first round of drilling at Webb for the 2025 field season will focus on four priority targets: the K4, K5, and E1 IOCG/carbonatite targets, along with the Shep gold/nickel target. These high-ranked prospects were selected from the 12 high-priority IOCG, carbonatite, and gold targets announced late last year, following an extensive airborne gravity survey and a comprehensive integrated targeting study. These four standout targets were chosen based on the compelling geoscience evidence compiled within the study. The targets are large (+1km) regionally significant gravity features, with associated magnetic responses occurring in favorable structural positions. The targets also have indicative surface geochemical responses aligned with IOCG style mineralisation2. DDH1 Drilling will use a combination rig to drill RC precollars then complete the remainder of the hole using diamond coring. This same methodology was used effectively in last year's drilling campaign. The rig will commence mobilisation later this month with an expected commencement date of 26th April. The CGN Resources strategy has always been to complete high-quality geoscience to make a major discovery in under-explored prospective terrains. With this aim in mind The Company is targeting large magmatic mineral systems such as iron-oxide-copper-gold, niobium rich carbonatite and orogenic gold. The company has assembled a strong multidisciplinary team which has delivered excellent targets for testing in this campaign. The targets have great scale potential, with the right geophysical signatures and occur in favorable structural settings. Now the fun part begins, hitting the targets with the drill rig with the aim of making a major new discovery in the West Arunta. With the field team on site setting camp and prepping drill pads the team is excited to commence drilling. Project Overview. CGN Resources' Webb Project encompasses a significant 961km2 package of tenements located in the highly prospective West Arunta Orogen in Western Australia. The region has garnered recognition as a unique opportunity for targeting copper, nickel, and critical metals within a mineral-rich terrain that has seen limited prior exploration. These datasets include multielement geochemistry data from drill holes, high-resolution aeromagnetic data spanning most of the tenement area, FALCON gravity gradiometry data, as well as publicly available data from organizations such as the GSWA and Geoscience Australia. The company has used these data to target large magmatic mineral systems such IOCG, carbonatites, gold and base metal sulphides. The recent discovery of niobium and REE rich carbonatites and IOCG style mineralisation on neighbouring properties in similar rocks and using the same targeting methodologies provides confidence that CGN Resources are on the right path to discovery. In addition to the Webb Project the Company is developing the Christmas Well and Panhandle Projects to the North and South of the township of Leonora in Western Australia respectively. The project areas are targeting the highly endowed region where the Norsman-Wiluna greenstone belt is in contact with the Raeside Batholith. This contact hosts the 8 Moz Gwalia Mine, the 2 Moz Tower Hill Mine, the 4Moz King of the Hills Mine and many smaller gold mines and deposits. The CGN tenure covers this very favorable contact in several locations which will be the focus of exploration when the tenure is granted. 
