Entree Resources FY 2025 operating loss totals USD 4.2 million (-12.5%)

Reuters03-05 21:00
Entree Resources FY 2025 operating loss totals USD 4.2 million (-12.5%)

Entrée Resources reported FY 2025 results, posting an operating loss of USD 4.2 million (12.5% improvement) and operating cash outflow before changes in non-cash working capital items of USD 2.6 million (21.2% improvement). Cash was USD 4.3 million and working capital was USD 4.2 million as of December 31, 2025. On the Oyu Tolgoi joint venture property, Lift 1 Panel 1 underground development on the Shivee Tolgoi licence area remained paused in H2 2025 pending transfer of the Shivee Tolgoi and Javkhlant licences to Oyu Tolgoi LLC. The JV approved a 2025 in-fill drilling program at Hugo North Extension, and as of December 31, 2025, 4,688 metres of underground drilling and 5,250.4 metres of surface drilling had been completed, with an updated Hugo North (including HNE) resource model expected in H1 2026. The company also said it expects further discussions with a Mongolian government working group on the State’s interest in the licence areas, while an Administrative Court hearing related to the Mongolian tax authority’s review of licence valuation is scheduled for March 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Entree Resources Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603050800PRIMZONEFULLFEED9666124) on March 05, 2026, and is solely responsible for the information contained therein.

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