Cannindah Resources (ASX: CAE) posts positive metallurgical test results for Mt Cannindah

November 21, 2023 03:41 PM AEDT | By Manisha
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  • Metallurgical testwork has been completed for Mt Cannindah Project.
  • Test results confirm copper, gold, and silver breccia mineralisation drilled at Mt Cannindah produces a saleable concentrate at good recoveries.
  • The latest development is a key step towards upgrading the project and resource data.

ASX-listed Cannindah Resources Limited (ASX: CAE) has completed a metallurgical study  commissioned for its Mt Cannindah Project.

Testwork confirms that the copper, gold, and silver breccia mineralisation that CAE drilled at Mt Cannindah produces a saleable concentrate at good recoveries. As per the company, it is a huge move ahead in the advancement of the project and resource data.

Data source: Company update

Image source: Company update


Shares trade higher

CAE shares traded at AU$0.095 apiece midday on 21 November 2023, up over 5.5% from the last close.


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