For thousands of other reports visit RSC's Mineral Intellingence Map
Cassini Resources Ltd.
Summary
| Project: | Mount Squires | |
|---|---|---|
| Deposit: | Handpump | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/21/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-10-2019: Cassini Resources Ltd. announces an Exploration/Drilling Update report for its Handpump deposit at the Mount Squires project. Drilling results incl. 12m @ 0.69g/t Au from 41m. Cassini Resources Limited (ASX:CZI) (“Cassini” or the “Company”) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Miles (Internal) | |
| ABSTRACT: | Cassini Resources Limited (ASX:CZI) (“Cassini” or the “Company”) is pleased to announce final results of the recent RC drilling program and future work plans at Cassini’s 100%-owned Mount Squires Project (“Mt Squires” or the “Project”) in the West Musgrave Province of Western Australia. The Project is at an early stage and is proving to be highly prospective for gold and base metals. It is located adjacent to the western border of the Company’s West Musgrave JV Project with OZ Minerals Ltd. Earlier results from the drill program were released to the ASX on 24 September 2019 and 2 October 2019. Cassini’s Managing Director Mr Richard Bevan commented “We’re delighted with the results from our maiden drill program at Mount Squires. The program, in tandem with our new aeromagnetic data, has demonstrated economic gold prospectivity, improved our geological understanding and generated new targets for future work programs. More broadly, it’s highlighted the potential strategic value of a new greenfield, belt-scale project in a new gold frontier. “Mt Squires is the most advanced gold project in the Musgrave Province, with the nearest gold mine, Gruyere, being over 400km away, itself a fairly recent “new frontier” discovery. New frontiers are where some of the most recent and significant gold discoveries have been made in Australia. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report