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Caprock Announces Comprehensive Exploration & Resource Expansion Plan for Its Destiny Project
Toronto, Ontario--(Newsfile Corp. - April 16, 2025) - Caprock Mining Corp. (CSE: CAPR) ("Caprock" or the "Company"), is pleased to announce details of a systematic exploration and resource expansion plan for its flagship Destiny gold property ("Destiny" or the "Project" or the "Property") located near Val D'Or, Quebec, following the completion of a substantial open pit-constrained mineral resource estimate ("MRE") at the Property - see Company's press release dated March 24, 2025.Caprock's Presi
About this update from Caprock Mining Corp
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - April 16, 2025) - Caprock Mining Corp. (CSE: CAPR) ("Caprock" or the "Company"), is pleased to announce details of a systematic exploration and resource expansion plan for its flagship Destiny gold property ("Destiny" or the "Project" or the "Property") located near Val D'Or, Quebec, following the completion of a substantial open pit-constrained mineral resource estimate ("MRE") at the Property - see Company's press release dated March 24, 2025.","length":553,"tagName":"p"},{"type":"text","content":"Caprock's President & CEO, Mr. Vishal Gupta, stated, "Having completed a sizeable, open pit-constrained, mineral resource of approximately one million ounces at Destiny ahead of schedule, we are now focusing our efforts towards substantially growing this initial resource over the next 12 months. The current mineral resource resides on only two kilometres out of a total six kilometres of strike over which the Despinassy shear zone is interpreted to extend on the Property. Additionally, previous exploratory drilling has returned high-grade gold mineralized intercepts at depths greater than 500 metres below the surface, demonstrating potential for underground mineable resources."","length":703,"tagName":"p"},{"type":"text","content":"Mr. Gupta goes on to say, "Based on our technical analysis, we are compiling a list of high-priority areas within the mineralized strike that represent low-risk opportunities for significant resource expansion through our upcoming exploration program. We also plan to de-risk Destiny by conducting initial metallurgical test-work on previously drilled diamond core to develop a preliminary process flow-sheet."","length":420,"tagName":"p"},{"type":"text","content":"Background Technical Information","length":32,"tagName":"p"},{"type":"text","content":"Management would like to highlight certain aspects of the recently completed MRE, limitations of the drilling conducted to-date, relative location of previously identified mineralized zones, and metallurgical characteristics of the mineralization on the Property to provide a contextual understanding of the Company's upcoming exploration program. Please refer to Figures 1, 2 and 3 below for additional support of the following backgr...