Capricorn Metals LtdASX: CMM

MGGP Maiden Underground Resource 684Koz at 3.1g/t Au

· Issued by Capricorn Metals Ltd

Filed with ASX · · 63 pages · English

Summary by 6ix AI

Capricorn Metals Ltd has reported a maiden underground mineral resource estimate at the Mt Gibson Gold Project, totaling a significant amount of gold at a specific grade, which contributes to an overall increase in the total resource estimate for the project. The updated mineral resource estimate reflects ongoing drilling efforts and includes new estimates for both underground and open pit resources, indicating a strong potential for future growth. The company plans to continue drilling to convert inferred resources to indicated and to further explore additional areas for resource expansion.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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