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Cassini Resources Ltd.

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Summary

Project:

Yarawindah Brook

Deposit:Avena
Location:Australia
Commodities:Copper-Nickel-Cobalt-PGM
Date:3/26/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:26-3-2020: Cassini Resources Ltd. announces an Exploration/Drilling Update report for its Avena deposit at the Yarawindah Brook project. Drilling results incl. 4.0m @ 0.36% Ni, 0.39% Cu, 0.03% Co, 0.18g/t PGE. Cassini Resources Limited (ASX:CZI) (“Cassini
Resources:x
CP/QP:[Overall Report]: Greg Miles (Internal)
ABSTRACT:Cassini Resources Limited (ASX:CZI) (“Cassini” or the “Company”) is pleased to announce further significant nickel and copper results from drilling at the Yarawindah Brook Project (the “Project”) located on agricultural land 20km south of the township of New Norcia, 130km northeast of Perth, Western Australia. The Company has an 80% beneficial interest in the Project which is prospective for nickel, copper, cobalt and platinum group elements (PGE’s). Kalgoorlie-based prospector, Mr Scott Wilson, retains a 20% interest in the Project. The Company has completed its first diamond drilling program, targeting multiple electromagnetic (EM) conductors identified following airborne and ground EM surveys in 2018. A total of 9 diamond holes have been completed for 1,148m. The Project is within an emerging Ni sulphide province as demonstrated by Chalice Gold Mines (ASX: CHN) recent high-grade discovery at the Julimar Prospect, approximately 40km south of Yarawindah, within the same mafic/ultramafic intrusive complex (Figure 1).

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