Highlights
- Cannindah Resources has announced yet another set of impressive results from the ongoing drilling at its flagship project.
- Hole 14 offers an understanding of the thickness of the huge 399m copper intercept that was encountered in hole 9.
- CAE looks forward to exploring additional extensions of the project’s breccia zone along with the occurrence of a porphyry system in the coming months.
Cannindah Resources Limited (ASX:CAE) has received a further set of assay results completed from the drilling program presently ongoing at the Mt Cannindah project. The current results are related to hole 22CAEDD014 at the project.
The flagship Mt Cannindah project of CAE is a copper-gold-silver project located in central Queensland and has delivered very impressive results from previous holes over the recent period.
CAE receives high-grade results
CAE hole 14 was drilled to the east with an aim to drill from west to east and check for the possibility of replicating the long intervals of high-grade copper-gold-silver drilled in CAE hole 9 when drilled from the opposite direction.
The current CAE hole 14 scissors the earlier holes, especially holes 9 and 11. Moreover, hole 14 also confirms the thickness and grade of earlier intersections, drilled east to west, extending laterally west to east across the breccia body.
© 2022 Kalkine Media® | Source: CAE
Key results from hole 14
CAE anticipates that the high-quality data set shall offer critical structural and geological inputs to the ore body modelling, supporting a cross-section.
The company further believes that each drill hole enhances the geological understanding of the Mt Cannindah projects. Hole 14 is of great significance as it was the first of CAE’s holes to be drilled from west to east.
Following are some of the key results of CAE hole 14:
© 2022 Kalkine Media® | Data Source: CAE | Image Source: © Dgdimension | Megapixl.com
CAE stock was noted at AU$0.265 on 07 November 2022.