Cassini Resources Limited (ASX:CZI) has released a quarterly update for the three months to 31 March 2020, highlighting the completion of PFS at the flagship West Musgrave Ni-Cu project resulting in an economic mine life of more than 26 years, with substantial extension opportunities.
Extensive exploration programs were conducted at the Yarawindah Brook Ni-Cu-Co-PGE Project, with maiden drilling program resulting in Ni-Cu results, multiple Ni-Cu prospects identified and ongoing exploration in emerging nickel province.
The Mount Squires Gold project also received environmental and heritage permits for drilling on emerging gold trend.
On 23 April 2020 (AEST 12:33 PM), CZI was trading at $0.094, up 2.174% from its previous close.