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Highlights
- Cannindah Resources has reported high-grade copper-gold results from step-out drilling at Cannindah Breccia.
- Drillhole 25CRC002 returned 120m at 1.16% CuEq from 30m, including 60m at 1.94% CuEq from 48m.
- Results confirmed high-grade continuity over a vertical interval exceeding 100m and extend the eastern boundary by 35–40m.
- A previously unrecognized steep easterly dipping mineralised zone has been identified, untested to the north for over 200m.
- Drilling is commencing at the Southern Porphyry Target.
- Future work will focus on northern and southern extensions, geometry definition, and scout drilling, with a detailed review after the 6,000m drill program.
Cannindah Resources Limited (ASX:CAE) has reported exceptional new drilling results from its ongoing growth program at the Cannindah Breccia, part of the Mt Cannindah Project in Queensland. The latest assays from step-out drilling have delivered standout high-grade copper-gold results, further confirming the continuity of mineralisation in the area.
Outstanding Intercepts Extend High-Grade Zone
The second step-out hole of the extensional program, drillhole 25CRC002, returned significant shallow results including 120m at 1.16% CuEq from 30m. This includes a high-grade internal section of 60m at 1.94% CuEq from 48m. The result demonstrates a clear down-dip extension of the mineralisation intersected in the earlier hole 25CRC001, which had recorded 52m at 1.18% CuEq from 30m, including 22m at 2.63% CuEq from 32m.
These new intersections now confirm high-grade continuity over a vertical interval of more than 100m. Importantly, the interpreted eastern boundary of the mineralisation has been extended 35–40 metres to the east, outside the boundaries of the current Mineral Resource Estimate of 14.5Mt at 1.09% CuEq.
CAE Shares Rally
CAE shares were trading 2.94% higher at AUD 0.07 per share at the time of writing on 20 November 2025.
