Caspin Resources Intersects Sulphides at Yarawindah Brook Project
THE DRILL SERGEANT: Caspin Resources (ASX: CPN) reported back from the maiden drill program at the company’s Yarawindah Brook nickel-copper-PGE project in Western Australia.
The three-hole drill program was undertaken on the XC-29 prospect.
The company said it was encouraged by the second hole, YAD0015, which encountered a broad zone of sulphides over 26 metres including an upper zone of stringer to semi-massive sulphides over six metres.
A lower zone of similar sulphide abundances was also intersected over approximately 2m.
Caspin said both sulphide zones correspond with modelled positions of electromagnetic conductors.
The first hole, YAD0014, intersected a 10m zone of stringer to matrix textured sulphide, pyrrhotite dominant with rare chalcopyrite.
The final hole in the current campaign at XC-29, YAD0016, intersected a narrow zone of semi-massive sulphide dominated by pyrrhotite, within a broad 17m zone of stringer sulphide.
“This is a great start to our drilling program,” Caspin Resources CEO Greg Miles said in the company’s ASX announcement.
“Whilst still early days at XC-29, hitting broad zones of potentially mineralised sulphide in our first drilling program is very encouraging.
“The results so far suggest that not only is XC-29 prospective, but so too is the entire Brassica trend.
“Now we look forward to drilling a new PGE target at Yarabrook Hill which presents another excellent opportunity for discovery.”
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