Caprice Resources Hits High Grades with First Solis RC Drilling
THE DRILL SERGEANT: Caprice Resources (ASX: CRS) recently completed its first RC drilling on the Solis prospect at the southern end of the company’s Island gold project in the Murchison Region of Western Australia.
Caprice drilled Aircore at Solis earlier this year that delineated a regolith gold anomalous zone over one kilometre.
The recent RC drilling tested the anomalism down to around 100m depth compared to the average depth achieved by the aircore of 30m.
The company declared the 15 hole RC program had confirmed the geology and structural setting to be prospective for gold mineralisation and remains open.
Results include:
4m at 4.4 grams per tonne gold from 60m, including 1m at 11g/t gold from 63m;
1m at 1.5g/t gold from 35m; and
2m at 1.2g/t gold from 33m.
“We are very pleased with how exploration has progressed at Solis,” Caprice Resources managing director Andrew Muir said in the company’s ASX announcement.
“All three drill programs have generated very encouraging results.
“This latest RC program has further validated the potential for Solis, as well as other areas under Lake Austin, to host gold mineralisation.
“The high grades seen on the mafic/high-Mg basalt contact is particularly promising.
“The geology, structures and alteration bode well, and we will look to undertake additional RC drilling to test Solis further.
“Post Solis, we will commence testing the other two islands, Estrella and Luna, with first pass aircore later in the year.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: info@capriceresources.com