First Step Out Hole Intersects 52m @ 1.18% CuEq from 4m
Filed with ASX · · 14 pages · English and French
Summary by 6ix AI
Cannindah Resources Limited reports significant results from the first step out drillhole at the Mt Cannindah project, indicating a high-grade intersection of copper equivalent from shallow depths. The drillhole returned a notable intercept that includes a substantial gold and silver component, confirming the potential for further mineralization in the area. The company plans to continue drilling at various targets to expand the mineralized zones and enhance the current resource estimate. Chairman Michael Hansel emphasized the promising nature of these results for future growth opportunities for stakeholders.
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
- Significant Extension to Southern Target Identified
- Significant Cu Mo mineralisation confirms porphyry potential
- Outstanding 61m @ 1.08% CuEq Trench result in Southern Targe
- Cannindah Resources Limited - Entitlement Offer to raise $4.5 million closes oversubscribed
- Management Changes
Later from Cannindah Resources
- Extension drillhole intersects 120m@ 1.16% CuEq from 30m
- Near Surface High Grade Target identified adjacent Breccia
- Board Changes
- New growth opportunity identified at Cannindah Breccia
- Pause in Trading
Follow Cannindah Resources into a list and get an email when it puts out news.
Follow Cannindah Resources