Luke Cox, Managing Director of Caprice Resources, said the latest drilling results reinforce the multi-lode potential of the Island Gold System and set a clear path toward a maiden Mineral Resource Estimate.
Caprice Resources Managing Director Luke Cox says a 22m at 66.2 g/t gold intercept outside the Vadrians lode confirms high grade mineralisation extends beyond the project’s core structure.
Caprice Resources has agreed to sell a 75% interest in its West Arunta Chobe Project for up to $2.89M while retaining a free carried position through to Decision to Mine.
Caprice Resources defines multiple anomalous gold targets along strike from Vadrians at the Island Gold Project.
Luke Cox says drilling at Vadrians continues to extend high grade gold and confirm system continuity at depth
Caprice Resources (ASX:CRS) has commenced a ~5,000m RC drilling programme at Vadrians within its Island Gold Project in Western Australia, targeting strike and depth extensions following recent high-grade gold intersections.
Caprice Resources extends high-grade gold mineralisation at the Vadrians system, with ongoing drilling advancing both strike and depth continuity, as Managing Director Luke Cox highlights new discoveries and growth potential.
Caprice Resources Managing Director Luke Cox says Phase 4 drilling at Island Gold has confirmed extensive strike and depth continuity at Vadrians and identified a new high grade footwall reef.
Caprice Resources has hit 11m at 17.3g/t gold at Vadrian’s — its best result yet and a major step toward defining a maiden high-grade resource at the Island Gold Project.
Caprice Resources Chief Executive Officer Luke Cox says the Comet acquisition is a transformational step that positions the company to build scale in one of Western Australia’s most productive gold belts.