Australian Gold and Copper (AGC) H1 2026 earnings summary

Executive summary

• Loss from continuing operations for the half-year ended 31 December 2025 was $1,026,912, compared to $317,847 for the same period in 2024.

• No dividends were paid or declared during the period.

• Principal activities focused on mineral exploration, with significant expansion of the South Cobar Project through acquisitions.

Financial highlights

• Interest income decreased to $218,162 from $403,411 year-over-year.

• Total comprehensive loss for the period was $1,026,912, up from $317,847 year-over-year.

• Cash and cash equivalents at 31 December 2025 were $8,338,118, down from $13,995,085 at 30 June 2025.

• Net cash outflow from operating activities was $663,519; net cash outflow from investing activities was $5,610,874.

• Net assets increased to $36,745,561 from $35,556,742 at 30 June 2025.

Outlook and guidance

• Additions to the underground Mineral Resource Estimate (MRE) are expected in 2026, with further drilling planned.

• First exploration program at Browns Reef, including drilling at Evergreen, is planned for early Q2 2026.

• Future drilling at Grandview (Gundagai Project) and geophysics at Moorefield-Ootha Project are planned.