GWR Group's Quarterly Report Highlights for December 2023

GWR Group Limited (ASX: $GWR) has reported its quarterly highlights for the period ending 31 December 2023. The company received $3.73 million in royalty funds from Gold Valley Iron Pty Ltd and JV operator CuFe Ltd (ASX: $CUF). Additionally, GWR received $1.152 million from C4 operations for the Q2 quarter with $3.9 million accrued revenue for the quarter. The company also made progress on the Prospect Ridge Magnesium Project in North-West Tasmania in collaboration with the University of Tasmania (UTAS & CODES).

Executive Commentary on Quarterly Highlights

The Company's focus on creating shareholder wealth through the development of high-quality mineral exploration and development projects is evident in the progress made during the December 2023 quarter. The receipt of royalty funds and the advancement of the Prospect Ridge Magnesium Project reflect our commitment to operational excellence and innovation in exploration and project development.

Summary of Quarterly Report and Outlook

GWR Group's receipt of royalty funds and progress on the Prospect Ridge Magnesium Project demonstrate the company's dedication to creating shareholder wealth through high-quality mineral exploration and development projects. The company's plans to use the cash flow generated from royalties to investigate and fund new acquisitions indicate a proactive approach to future growth. With a portfolio of resource projects and a focus on sustainable mining business, GWR Group remains committed to building a sustainable mining business and creating value through operational excellence and innovation.