High quality laterite results at Bibra
Filed with ASX · · 11 pages · English
Summary by 6ix AI
Capricorn Metals Ltd has announced strong results from infill drilling at the Bibra deposit within the Karlawinda Gold Project, indicating a significant early cash flow opportunity due to high-quality laterite mineralization near the surface. The results will be used to upgrade the existing resource, which is part of a larger inferred resource at the site. Management highlighted that these findings enhance the project's economic viability, emphasizing the potential for robust early cash flows.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
In the deck
Story so far
Earlier from Capricorn Metals
- Placement Agreement to Raise $10m
- Quarterly Activities and Cashflow Report December 2016
- High Grade Component of Main Hanging Wall Lode Confirmed
- New High Grade Results Confirm Potential to Expand Bibra
- New High Grade Structure Intersected Below Bibra Deposit
Later from Capricorn Metals
- Board and Management Restructure
- LIT: LIT update on BlackEarth Minerals NL IPO activities
- Bibra Gold Resource Hits 1.1 Million Ounces
- Improved Metallurgical Results Boost Karlawinda
- Improved Metallurgical Results Boost Karlawinda - Corrected
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