Rapid Progress & Strong Initial Results from Bibra Drilling
Filed with ASX · · 15 pages · English
Summary by 6ix AI
Capricorn Metals Ltd has reported significant progress in its drilling program at the Karlawinda Gold Project, confirming and extending the existing resource with strong initial results from the Bibra drilling. The company has completed a substantial portion of its planned drilling, with encouraging assay results indicating strong continuity of mineralization and potential extensions beyond the current resource. Management expressed satisfaction with the rapid advancements and the promising results, highlighting the potential for further resource expansion.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Capricorn Metals
- Five Rigs Drilling at Karlawinda
- CMM: Capricorn Completes Final Acquisition Payment for Karla
- Commencment of Feasibility Study and Major Drill Programme
- Major Growth-Opportunity Exploration Targets at Karlawinda
- Updated JORC Mineral Resource Estimate
Later from Capricorn Metals
- New Zone of Gold Mineralisation Intersected
- Update Definitive Feasibility Study
- New Discovery at Karlawinda
- Strong Gold Intercepts Confirm Quailty and Scale of Bibra
- Grant of Mining Lease at Karlawinda
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