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Cassini Resources Ltd.
Summary
| Project: | Yarawindah Brook | |
|---|---|---|
| Deposit: | Ovis | |
| Location: | Australia | |
| Commodities: | Copper-Nickel-Cobalt-PGM | |
| Date: | 4/16/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-4-2020: Cassini Resources Ltd. announces an Exploration/Drilling Update report for its Ovis deposit at the Yarawindah Brook project. Drilling results incl. 14m @ 0.49% Ni, 0.40% Cu, 0.04% Co, 0.15g/t PGE from 74m. Cassini Resources Limited (ASX:CZI) (“ | |
| 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 from its maiden diamond drilling campaign which has returned further significant nickel and copper results at the Yarawindah Brook Project (the “Project”). A total of 9 diamond holes were completed for 1,148m. The Project is located on agricultural land 20km south of the township of New Norcia, 100km northeast of Perth, Western Australia. The Project is prospective for nickel, copper, cobalt and platinum group elements (namely palladium and platinum). The potential of the region has been 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). Assay results have been received for drill holes YAD0007 through to YAD0009 at the Ovis Prospect, approximately 400m east of the Avena Prospect where significant mineralisation was recently encountered including 0.12m @ 5.97% Ni, 0.75% Cu, 0.39% Co & 2.66g/t PGE from 84.3m in YAD0005 (Figure 2). | |
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