Highlights

  • Right Resources Shares rose 4.35% to AUD 0.12 on 31 March 2026, supported by R&D funding update.
  • Approximately A$1.1 million in R&D-related cash inflows strengthen liquidity position.
  • Non-dilutive funding supports ongoing geological research and exploration strategy.
  • Collaboration with CODES advances understanding of gold-copper systems.
  • R&D work driving improved mineralisation modelling across Tumbarumba district.

Right Resources Ltd (ASX:RRE) shares gained 4.35% to AUD 0.12 on 31 March 2026, as investors responded to an update highlighting incoming research funding and continued technical progress across its NSW exploration assets. Despite the daily uptick, the stock remains down 33.33% over the past 12 months.

R&D Cash Inflows Provide Funding Support

The company reported access to approximately A$1.1 million in R&D-related cash inflows, enhancing its funding position for ongoing research activities.

This includes a A$719,577 refund under the Federal Government’s Research and Development Tax Incentive program for FY2025. These proceeds were used to fully repay an existing R&D funding facility, resulting in a net cash inflow of approximately A$169,713.

In addition, Right Resources has secured a A$930,000 R&D funding facility linked to expected FY2026 tax incentives. This structure enables early access to funds based on eligible R&D expenditure, with repayment anticipated upon receipt of the FY2026 incentive.

Research Program Enhances Geological Understanding

The company’s R&D initiatives continue to focus on advancing geological, geochemical and mineral system modelling across its project areas.

These efforts are contributing to updated interpretations of mineralisation within the Tumbarumba district in New South Wales, with the work aimed at refining targeting methodologies and improving understanding of underlying mineral systems.

The FY2025 R&D outcome reflects the technical scope of these programs, while ongoing FY2026 activities are expected to further build on this knowledge base.

Collaboration with CODES Supports Technical Advancements

Right Resources is continuing its collaboration with the Centre for Ore Deposits and Earth Sciences (CODES) at the University of Tasmania, a globally recognised research institution in ore deposit studies.

The partnership is focused on improving understanding of gold and copper mineralisation systems, particularly within porphyry and intrusion-related settings.

Following a two-week site visit in February 2026, the collaboration has contributed to advancing insights into the hydrothermal processes associated with newly identified gold and copper systems across the Tumbarumba district.

Exploration Strategy Backed by Non-Dilutive Funding

The company highlighted that participation in the R&D Tax Incentive program provides non-dilutive capital, allowing continued investment in research without equity dilution.

These initiatives are informing exploration strategy and supporting the development of updated geological models across its tenement portfolio.

Investor Takeaway

The modest share price gain reflects a positive market response to improved funding visibility and ongoing technical progress.

The combination of non-dilutive R&D funding and collaboration with a recognised research institution supports continued advancement of geological understanding across the company’s projects. With exploration strategies increasingly guided by these insights, investors are likely to monitor how this translates into future exploration outcomes.