Caprice’s combined Western Australian exploration and mining tenement holding covers 1,540km2 of tier-one ground.
Caprice’s three exciting Murchison gold projects the Island Gold Project, New Orient Gold Mine and Cuddingwarra cover approximately 240km2 where the Company is advancing a three-pillar gold development pipeline strategy which encompasses exploration, resource growth and the evaluation of development opportunities. The Murchison Goldfield boasts a +15Moz gold endowment and the Company remains focused on advancing its exploration and development programmes to unlock the full potential of this richly endowed region, which offers substantial opportunities for profitable mining operations located within trucking distance, 15km to 25km via the Great Northern Highway, of Westgold’s Tuckabianna Gold Mill (capacity 1.4Mtpa) and Ramelius’ Mt Magnet Checkers Gold Mill (capacity 1.9Mtpa).
Caprice’s large 1,300km2 gold, copper and niobium/REE West Arunta Project is the third largest ground holding of any ASX-listed company in this highly prospective and underexplored region. Recent West Arunta exploration success by WA1 Resources Ltd and Encounter Resources Ltd, confirms the niobium/REE carbonatite hosted and Iron Oxide Copper-Gold (IOCG) prospectivity of the region.
Caprice’s Project boasts multiple high-priority targets, including targets analogous to WA1’s world-class Luni discovery and 200Mt at 1.0% Nb2O5 (Niobium) Mineral Resource2
Mr Luke Cox
Chief Executive Officer
Luke Cox is a geologist with over 25 years mining industry experience and a demonstrable track record growing exploration and mining companies. He was most recently Chief Executive Officer for Green Technology Metals (ASX: GT1) advancing their portfolio of Canadian lithium projects, delivering rapid resource growth, key stakeholder and local indigenous engagement, offtake agreements and scoping level studies.
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Caprice Resources (ASX:CRS) hits paydirt—is Island Gold a sleeper giant?
By MarketOpenCaprice’s Island Gold Project is shaping up as one to watch, with early-stage signs pointing to something significant—but in the exploration game, it all comes down to the drill bit.