Cannindah Copper Gold MRE Expansion Drilling Underway
Filed with ASX · · 9 pages · English
Summary by 6ix AI
Cannindah Resources Limited has announced the commencement of resource expansionary drilling at the Cannindah Breccia, targeting a potential high-grade zone known as the 'GAP' zone. The drilling program aims to enhance the current mineral resource estimate, which includes significant copper and gold intersections from previous drilling. This update highlights the potential to increase both the total metal inventory and the average grade of the deposit, which is seen as a future financial driver.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Cannindah Resources Limited on 6ix
Story so far
Earlier from Cannindah Resources
- Cannindah successfully completes $15 million placement
- Trading Halt
- Quarterly Activities/Appendix 5B Cash Flow Report
- Potential Significant Copper Gold Porphyry Intersected
- Pause in Trading
Later from Cannindah Resources
- Share Purchase Plan (SPP) closes oversubscribed
- Significant Broad Copper Gold Assays at Southern Target
- Resource Expansion Drilling Delivers 94m@1.11% CuEq
- Diamond Drilling at Southern Copper Gold Porphyry Underway
- Significant Upside Identified at 14.5Mt @ 1.1% CuEq Resource
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