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CCZ - Castillo Copper

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The primary focus of Oakland Resources (OKL) is the aggressive exploration for gold deposits in the emerging Silurian Gold Province of New South Wales. The Company has already generated a number of high priority drilling targets.

http://www.oaklandresources.com.au
 

springhill

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Re: OKL - Oakland Resources

MC - $2m
SP - 8c
Shares - 20m
Options - Nil quoted
Cash - $958

MULLIONS RANGE PROJECT
Apsley Prospect
• Results from sampling by the Company of historic drilling at Apsley Prospect include:
- 27m at 0.85% Copper, 0.57% Zinc, 5.8g/t Silver from 200m (Jodedex AJ5)
- 3.05m (End of Hole) at 0.99% Copper, 0.05% Zinc, 7.5g/t Silver from 153.75m (Horizon DDH10A)
• Mineralisation at the Apsley Prospect is open to the north, the south and at depth.

Previous drilling by Horizon1 (1970-1973) and Jodedex2 (1976-1982) intersected significant copper-zinc-silver rich mineralisation at relatively shallow depth (100-200m) under the shallow underground workings.
Significant historic results obtained by Horizon and Jodedex were reported by the Company last quarter (e.g. 13.44m at 1.30% Copper, 1.35% Lead, 9.54% Zinc, 24g/t Silver from 153.75m [Horizon DDH2]).

Day Dawn Prospect
A review of work completed on the Day Dawn Prospect area is currently in progress to determine future work.


MICHELAGO PROJECT
No work completed this quarter. Target at Billilingra Prospect ready for drill testing and soil sampling to be completed at Kellyville Prospect. Given the focus on the Apsley Prospect, this work has been deferred.

BOOROWA PROJECT
No work completed this quarter. Target at Crosby Prospect ready for drill testing. Given the focus on the Apsley Prospect, this work has been deferred.

CORPORATE
The Company has been evaluating a number of new opportunities during the last quarter. A number of projects have been offered for review both in Australia and overseas.
 

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springhill

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Re: OKL - Oakland Resources

EXPLORATION UPDATE APSLEY PROSPECT


• Maiden Exploration Target defined for Apsley Prospect.
• Mineralisation at the Apsley Prospect is open to the north, the south and at depth.
• Planning for follow up drilling programme well advanced.

The Company is pleased to report a Maiden Exploration Target as follows :
2.0 to 4.0 Million tonnes at 0.5 to 0.8% Copper, 1.4 to 2.0% Zinc and 5 to 10g/t Silver

Target is conceptual.
 
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On May 24, 2013, Oakland Resources Limited (OKL) changed its name to Castillo Copper Limited (CCZ).
 

greggles

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Castillo Copper sold off this morning on low volume after drilling results from the company's Cangai Copper Mine near Grafton returned relatively low grade copper intersections.

screenshot-www.aspecthuntley.com.au-2018-03-09-10-20-48.png


The market was hoping for better and the CCZ share price has fallen 18.18% to 4.5c.
 

greggles

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News that the Castillo Copper drilling team have now commenced work on the Phase II 39-RC drill-hole campaign at the company's Cangai Copper Mine has seen the CCZ share price show its first signs of relief in quite some time. It's currently up 16.67% to 2.8c so far today.

However, it's been a long slide from 9c to 2.4c over the last six months and CCZ is going to have its work cut out for it to get back through resistance at 4c.

big.chart-CZZ.gif
 
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Not much written about CCZ considering it's been making new yearly highs consistently over the past few months.

CCZ intends to list on the LSE as an aid to develop it's three pillars to transform CCZ into a mid-tier copper group.
(i) Mt Oxide project Mt Isa. (drilling targets identified)
(ii) Four assets across Zambia's copper belt.
(iii) Cangai copper mine NSW, historic high grades of copper

I don't like that management has various projects to manage. However copper is hot right now and there's a lot of copper in an electric vehicle.

I'm very late into this trend so will be taking what I can when I can.

ccz310820.PNG
 
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Not much written about CCZ considering it's been making new yearly highs consistently over the past few months.

CCZ intends to list on the LSE as an aid to develop it's three pillars to transform CCZ into a mid-tier copper group.
(i) Mt Oxide project Mt Isa. (drilling targets identified)
(ii) Four assets across Zambia's copper belt.
(iii) Cangai copper mine NSW, historic high grades of copper

I don't like that management has various projects to manage. However copper is hot right now and there's a lot of copper in an electric vehicle.

I'm very late into this trend so will be taking what I can when I can.
Then it went quiet only to wake up on U.K list and go into orbit again with copper being so hot.

Noticing yet another U.K list surging past the ASX price. CCZ went up to 18% to 0.045 second day of gains on drill hole progress at the Big One. The U.K had to catch up, then ASX led again, currently the U.K is around 0.051AUD.

That’s the second arbitrage stock I’ve found in a week.
 
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Seems the “Big One” is starting to live up to its name. Two good intercepts out of the 20 holes drilled, high grades and just a tease from Si capital below, this type of project attracts majors 😂 shame he wasn’t more convincing.


Then again neither was a stuttering Simon Paull when he mentions the larger resource might get out a jorc inferred resource. Best the results do the talking, not B.S flannel for the sake of good P.R though.



That’s whats driving the share price and more to come.
 
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Couple of Poms doing in depth (or long winded) due diligence. Worth a listen if interested in this stock though.

 

Stockybailz

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That some thick mineralisation they found up to 34m thick. I wonder if they find more and what it does for the share price, up today 15.49% to 0.044c.

1626321863778.png
 
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2 August 2021

CASTILLO COPPER LIMITED

("Castillo" or the "Company")

Cleansing Prospectus

Castillo Copper Limited (LSE and ASX: CCZ), a base metal explorer primarily focused on copper across Australia and Zambia, advises that is has today lodged a cleansing prospectus ("Prospectus") with the Australian Securities and Investments Commission. The Prospectus has been prepared primarily for the purpose of Section 708A(11) of the Corporations Act to remove any trading restrictions on the sale of Equity Securities issued by the Company prior to the Closing Date, as set out in the Prospectus.

A copy of the Prospectus is available on the Company's website: https://castillocopper.com/investors/announcements/
 
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CCZ is to float NEWCO on to the ASX short term. That should see more cash available. Trust from investors here isn't particularly high even though drilling results have been good overall. The shares are down about 37% from recent highs. Better trust would help the share price plus moving closer to a JORC resource.
 
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