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Cassini Resources Ltd.
Summary
| Project: | West Musgrave | |
|---|---|---|
| Deposit: | One Tree Hill | |
| Location: | Australia | |
| Commodities: | Copper-Nickel-Cobalt-PGM | |
| Date: | 6/18/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 18-6-2019: Cassini Resources Ltd. announces an Exploration/Drilling Update report for its One Tree Hill deposit at the West Musgrave project. Drilling results incl. 40.0m @ 1.16% Cu, 0.12% Ni, 0.02% Co, 0.58g/t PGE from 343.0m. Cassini Resources Limited ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Greg Miles (Internal) | |
| ABSTRACT: | Cassini Resources Limited (ASX:CZI) (“Cassini” or the “Company”) is pleased to announce results from the latest drilling at the One Tree Hill Prospect within the West Musgrave Project (“WMP” or the “Project”) in Western Australia. The exploration program is funded as part of the JV Agreement (“JV” or “the Agreement”) with OZ Minerals Limited (ASX:OZL) (“OZ Minerals”). The JV partners are currently undertaking a Pre-feasibility Study (PFS) on the Nebo-Babel deposits in conjunction with a regional exploration program across the WMP. Cassini Managing Director Richard Bevan commented, “CZD0099 has exceeded our expectations. We’ve intersected several mineralised zones that were effectively blind to previous geophysical modelling, and this presents real opportunities for further exploration success. It’s also worth recognising that whilst this is only our 6 th hole at the One Tree Hill Prospect, it is showing all the hallmarks of a major mineralised system with the potential to add future mine life and value to the West Musgrave Project. The exploration results continue to confirm the excellent prospectivity and potential of the Project.” | |
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