Drilling Results end of programme

Summary by 6ix AI

Capricorn Metals Ltd has announced significant new drilling results from the Bibra Gold Deposit, revealing a broad zone of near-surface gold mineralisation within the optimised pit shell, which was previously classified as waste. The results indicate that the mineralisation extends well beyond the current inferred resource, suggesting a potential upgrade to the resource estimate in the near future. The company plans to incorporate these findings into a new resource calculation, expected to be completed shortly, which will support further development of the Karlawinda Gold Project.

Written by 6ix AI from the company’s filing. How 6ix writes summaries