Caspin Resources Identifies New Conductors from Airborne Electromagnetic Survey

THE DRILL SERGEANT: Caspin Resources (ASX: CPN) has completed a third, and final, airborne electromagnetic (AEM) survey at the company’s Yarawindah Brook PGE-nickel-copper project in Western Australia.

Caspin Resources has now achieved project-wide AEM coverage, which the company says provides critical, first-pass data for the exploration of sulphide-rich, nickel-copper-PGE deposits.

The latest survey comprised approximately 1,200 line-km, on 100m spaced lines, covering 200 square kilometres along the Yarawindah Brook project’s western and northern margins, identifying several new high-quality conductors the company has interpreted to potentially represent bedrock sulphide sources.

Caspin has ranked the conductors based on their geophysical characteristics so it can plan systematic follow-up exploration programs.

Most of the conductors sit within a cluster on the Brassica trend, from which two high priority targets, XC-45 and XC-46 have emerged as strong late-time anomalies with continuity across multiple survey lines.

These anomalies appear to be in a different stratigraphic position to the previously drilled XC-05 and XC-06 conductors which intersected anomalous levels of nickel and copper sulphide in mafic rocks.

The XC-46 conductor is currently accessible and will be drilled as part of Caspin’s current drill campaign.

Caspin indicated thehe XC-22 prospect remains its current exploration focus with drilling progressing steadily, however, the company maintained it is also committed to systematically exploring the entire Yarawindah Brook project.

 

 

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Email: admin@caspin.com.au

 

Web: www.caspin.com.au