EQ Resources LimitedASX: EQR

Quarterly Activities and Cash Flow Report September 2021

· Issued by EQ Resources Limited

Filed with ASX · · 14 pages · English

Summary by 6ix AI

The report highlights the progress of the Mt Carbine Tungsten Mine, including advancements in the Bankable Feasibility Study and exploration activities that have yielded high-grade tungsten ore intercepts. The company reported a significant increase in cash balance due to a successful capital raising initiative, which will support early works for the mine expansion. Additionally, the report outlines ongoing improvements in production efficiency and safety measures at the Mt Carbine site.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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