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Cassini Resources Ltd.
Summary
| Project: | West Arunta | |
|---|---|---|
| Deposit: | Janus, Enceladus | |
| Location: | Australia | |
| Commodities: | Zinc-Lead-Copper-Silver | |
| Date: | 2/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-2-2018: Cassini Resources Ltd. announces an Exploration/Drilling Update report for its Janus, Enceladus deposit at the West Arunta project. Drilling results incl. 2m @ 0.13% Zn, 0.02% Pb from 85m. Cassini Resources Limited (ASX:CZI) (“Cassini” or the “ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Miles (Internal) | |
| ABSTRACT: | Cassini Resources Limited (ASX:CZI) (“Cassini” or the “Company”) is pleased to provide an update on exploration activities across its extensive project portfolio. While the West Musgrave Project will continue to be a key focus and value driver for the Company in 2019, there are a number of other opportunities to provide shareholders with exposure to exploration success. Following interrogation of 2018 programs, the Company is poised to initiate work programs on several new fronts with potential for discovery. The Company will continue to acquire or generate new projects and add value through innovative targeting and exploration programs and, if unsuccessful, relinquish those projects at the earliest opportunity. West Musgrave Project (CZI 49%, OZL 51% earning up to 70%) The West Musgrave Project is a Joint Venture with OZ Minerals Ltd with the partners currently undertaking a Pre-Feasibility Study (PFS) on the Nebo-Babel Deposits. A local and regional exploration program is running concurrently with the study with both activities funded by the JV earn-in agreement. The Partners tested a range of exploration prospects in 2018 and enjoyed drilling success with extensions to the Nebo-Babel deposits, the Succoth Deposit and at the early stage Yappsu and One Tree Hill Prospects. | |
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