CNMC Goldmine aligns Q1 spending with plans and intensifies Ulu Sokor exploration
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CNMC Goldmine Holdings Limited reported Q1 2026 spending of US$19.39 million, closely aligning with its planned budget of US$20.14 million. The company focused on the Ulu Sokor concession, completing five drillholes that confirmed gold mineralisation. For Q2, CNMC plans to intensify exploration with a larger drilling programme and budgeted spending of US$17.10 million, aiming to deepen resources and support long-term production. CNMC operates gold concessions in Malaysia, including Ulu Sokor, Kelgold, and CNMC Pulai, with a current market cap of S$554.5 million.
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