The latest update is out from Caspin Resources Ltd. ( (AU:CPN) ).
Caspin Resources Limited has completed the acquisition of the Bygoo Tin Project located in New South Wales, which encompasses a historically significant tin mining area. The company plans to commence drilling in early 2025 to explore high-grade tin targets, building on historical exploration results. The project represents a promising opportunity due to the absence of exploration in the area for three decades. Additionally, Caspin has completed a $1.6 million placement to fund the upcoming drill program, indicating strong financial backing for its exploration activities.
More about Caspin Resources Ltd.
Caspin Resources Limited is a company operating in the mining and exploration industry, focusing on the exploration and development of mineral resources. The company is engaged in the acquisition and exploration of tin projects, with a market focus on high-grade tin exploration.
YTD Price Performance: -1.67%
Average Trading Volume: 184,915
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$8.09M
Learn more about CPN stock on TipRanks’ Stock Analysis page.