Australian (ASX) Stock Market Forum

CRS - Caprice Resources

down in the dumps
and up the other side ... $0.060

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EDIT; now $0.062

CEO, Luke Cox, commented:
The Phase 3 RC drill programme has delivered one of our best Island Gold Project results to date,intersecting 11m at 17.3 g/t gold from 170m, highlighting the exceptional depth, width and grade expansion of the Vadrian’s gold deposit, noting that high-grade gold mineralisation remains open in all directions. Drilling around New Orient also discovered significant new gold mineralisation 80m west of the main lode and confirmed the southern continuation of mineralisation under thin sediment cover which had not been previously drill tested, all leading the way for our next round of drilling. The focus is to deliver a significant maiden high-grade gold resource at Caprice’s Island Gold Project, which is strategically located between Ramelius Resources Ltd and Westgold Resources Ltd gold processing facilities in the highly prospective Murchison Goldfields district of Western Australia”.
 
The old Spec roller coaster ....... Nice grades from the recent digging! I wont be surprised for it to tick higher by the CLOSE
goin' places

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no news since this 05 Sept announcement

A 20,000m Phase 4 drilling programme has commenced at the Island Gold Project, located in Western Australia’s prolific Murchison Goldfields.

The fully funded 20,000m Phase 4 campaign is scheduled to comprise a combination of reverse circulation, diamond drilling and air core, beginning with 7,000m of high impact extensional RC drilling at Vadrians.

The new programme has been designed with the two-fold intention to test both depth and strike extensions to previous standout gold intercepts at Vadrians and target recently identified gold zones within the broader 5km x 1km target area, which present as additional greenfields discovery targets
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