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Canterbury Resources Ltd.

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Summary

Project:

Briggs

Deposit:Briggs
Location:Australia
Commodities:Copper-Molybdenum
Date:11/8/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:8-11-2019: Canterbury Resources Ltd. announces an Exploration/Drilling Update report for its Briggs deposit at the Briggs project. Drilling results incl. 246.8m @ 0.30% Cu, 10ppm Mo from 152.0m. Canterbury Resources Limited (ASX: CBY) is pleased to provid
Resources:x
CP/QP:[Overall Report]: Michael Erceg (Internal)
ABSTRACT:Canterbury Resources Limited (ASX: CBY) is pleased to provide an update on its current drilling program at the Briggs Copper Project in SE Queensland. Canterbury’s Managing Director, Grant Craighead, said: “We are excited to report further significant progress at Briggs. The latest drilling has outlined major extensions at the southern and western margins of the deposit, and at the same time we are observing higher-grade features that will enhance the overall economic potential of the project. The next hole, BD019-005, will test potential depth extensions of several strongly mineralised features observed in holes BD019-003 and BD019-004, which will further enhance our understanding of the system. In addition, it should add substantially to the quantum of mineralisation being delineated. We look forward to completing our initial resource estimate for Briggs immediately following completion of the drilling program in December.”

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