Latest S2 Resources (Asx:S2r) News

S2 Resources Ltd invites eligible shareholders to participate in a Share Purchase Plan offering new shares at $0.072 each, accompanied by free options exercisable until mid-2027. The plan aims to raise up to $0.5 million, subject to scale back if oversubscribed.

S2 Resources Limited launches a discounted Share Purchase Plan allowing eligible shareholders to invest up to $30,000, accompanied by free attaching options exercisable at $0.11. The capital raise supports exploration across key Australian projects.

S2 Resources has raised A$3.5 million through a placement and share purchase plan to fund exploration across multiple Australian gold and base metal projects. The capital injection aims to maintain momentum while balancing shareholder interests.

S2 Resources reports encouraging gold-arsenic anomalies from reconnaissance drilling at its Yeungroon project in Victoria, while drilling at Glenlogan in NSW faces delays. Assays from Fosterville are awaited, underscoring a busy exploration pipeline.

S2 Resources reported significant progress across its Australian and Finnish projects during the March 2025 quarter, completing key geophysical surveys and drilling programs while maintaining a solid cash balance of A$2.2 million.

S2 Resources has identified a promising porphyry-style copper-gold drill target at its Glenlogan Project in New South Wales through advanced geophysical surveys, setting the stage for focused exploration drilling.

S2 Resources has initiated its first aircore drilling campaign at the Yeungroon project, aiming to delineate gold-arsenic hotspots along the extensive O'Connors trend. Results are expected by April 2025, potentially unlocking new opportunities in Victoria’s historic goldfields.

S2 Resources reports promising exploration advances across multiple projects, including new targets at Warraweena and West Murchison, ongoing drilling at Glenlogan, and the launch of three new Victorian gold projects. The company maintains a solid cash position to support its $1.5 million planned expenditure next quarter.