Karlawinda Drilling Results
Filed with ASX · · 14 pages · English
Summary by 6ix AI
Capricorn Metals Ltd has released drilling results from its Karlawinda Gold Project, indicating significant extensions to the Bibra Deposit resource. The initial results from the drilling program show strong continuity of mineralization outside the currently reported Inferred Resource. Drilling is ongoing, with expectations for a resource upgrade based on the results anticipated in the coming weeks. The Managing Director expressed satisfaction with the progress and the potential for improved project economics due to the new mineralization findings.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Capricorn Metals
- Maniry Graphite Discovery
- September Quarterly Activitiy and Cashflow Report
- Malagasy - Industrial Minerals JV with Energizer Resources
- Deed of Termination and Release Finalised
- Drilling commences at Karlawinda Gold Project
Later from Capricorn Metals
- More Thick Gold Intercepts at Karlawinda
- Suspension
- $12.6M Raised to Advance Karlawinda Gold Project
- Reinstatement to Official Quotation
- Sale of potential royalty
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