Cassini Resources heads back to the field

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) is back in the field, kicking off its 2015 exploration program, following the completion of a recent capital raising.

The company’s geologists are currently on the Succoth prospect re-logging and re-interpreting historical drill core from over 30 diamond holes to refine the geological model and to gain a better understanding of mineralisation controls.

A key element of the review is to better understand the potential for discovery of material nickel mineralisation within the prospect.

Disseminated copper mineralisation has previously been encountered over a strike of three kilometres, however, two smaller, nickel-rich zones have also been identified by previous.

The company said these nickel-rich zones have received limited exploration follow-up and have been identified as a high priority target.

In is ASX announcement, Cassini said it has identified a number of targets ready for drilling at Succoth and Nebo-Babel.

These include a diamond hole, which the company expects will test a recently-identified large DHEM conductor – known as Conductor M.

The conductor has been interpreted to potentially represent massive sulphides at the apparent down-plunge position of existing mineralisation.

Cassini has applied for a West Australian Government EIS funding grant to assist with drilling a single diamond hole to test the conductor.

The remainder of the drill program will be finalised after the examination of the new geophysical data, and is scheduled to commence in late June or early July.

Email: admin@cassiniresources.com.au

Website: www.cassiniresources.com.au