Cannindah Resources Limited ( (AU:CAE) ) has shared an update.
Cannindah Resources Limited has announced significant assay results from its latest drilling program at the Mt Cannindah Copper Gold Project. The first hole of the program revealed a thick copper-gold intersection, extending mineralization beyond the existing resource and filling data gaps between previous drill results. This development highlights the continuity of copper mineralization and positions the company to further explore major IP anomalies near the current mineral resource estimate.
More about Cannindah Resources Limited
Cannindah Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets copper and gold deposits, with a significant market focus on expanding its resource base at the Mt Cannindah Copper Gold Project.
YTD Price Performance: 72.50%
Average Trading Volume: 827,832
Technical Sentiment Signal: Sell
Current Market Cap: A$54.61M
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