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Cannindah Resources (ASX:CAE) Expands Drilling at Cannindah Breccia to Drive Resource Growth

CAE
1 min read | April 29, 2026 02:10 AM BST | By Sonal Goyal
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Cannindah Resources (ASX:CAE) Expands Drilling at Cannindah Breccia to Drive Resource Growth
Image source: Company Update

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Highlights

  • Drilling program at Cannindah Breccia has been expanded with 16 additional holes to test extensions and underexplored zones.
  • Historical drill holes with incomplete or missing assay data present opportunities to enhance the existing Mineral Resource Estimate (MRE).
  • Newly mapped breccia mineralisation extends approximately 400 metres south of the current resource boundary.
  • Previously unsampled drill holes up to 550 metres beyond the MRE limit are now under analysis.
  • Southern Shoot remains open, with recent intercepts supporting its role in future resource updates.

Cannindah Resources Limited (ASX:CAE) has expanded its drilling program at the Cannindah Breccia copper-gold deposit following encouraging recent results that highlight multiple pathways for potential resource growth.

The updated program includes 16 additional drill holes targeting extensions of mineralisation and previously underexplored zones, with an updated Mineral Resource Estimate (MRE) planned upon completion.

The company is well funded to advance exploration with multiple drill rigs operating at the project.

CAE shares were trading at AUD 0.043 per share at the time of writing on 29 April 2026.

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