New Zone of Gold Mineralisation Intersected
Filed with ASX · · 10 pages · English
Summary by 6ix AI
Capricorn Metals Ltd has announced the discovery of a significant new zone of gold mineralization at the Portrush Prospect, located immediately west of the Bibra Gold Deposit. The exploration drilling confirms the potential for significant hangingwall mineralization outside the current open pit design. A follow-up drilling program is planned to delineate the extents of this mineralization for future resource estimation. The results indicate that the mineralization remains open in the down-dip position, suggesting further exploration opportunities.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Capricorn Metals
- Rapid Progress & Strong Initial Results from Bibra Drilling
- Five Rigs Drilling at Karlawinda
- CMM: Capricorn Completes Final Acquisition Payment for Karla
- Commencment of Feasibility Study and Major Drill Programme
- Major Growth-Opportunity Exploration Targets at Karlawinda
Later from Capricorn Metals
- Update Definitive Feasibility Study
- New Discovery at Karlawinda
- Strong Gold Intercepts Confirm Quailty and Scale of Bibra
- Grant of Mining Lease at Karlawinda
- Strong New Intercepts at Easky Prospect
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