Cassini Resources hits encouraging mineralisation at Succoth

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) managing director Richard Bevan was busy reworking his presentation before fronting the post-lunch audience at Diggers & Dealers in Kalgoorlie.

Bevan’s revision work was due to the company’s release of an update in regards to drilling of hole CZD0007, targeting a large DHEM conductor at the Succoth prospect within the company’s 100 per cent-owned West Musgrave project in Western Australia.

According to the company the drilling has encountered encouraging sulphides having intersected a broad envelope of disseminated chalcopyrite and pyrrhotite starting at 535 metres and extending to approximately 615m.

Within this zone is a 10m wide, visually higher grade zone of heavily disseminated to matrix sulphide with local mineralisation up to 10 per cent chalcopyrite, a copper sulphide mineral.

Minor pentlandite (nickel sulphide) has also been observed.

Cassini said the sulphides appear inter-connected and are likely to have generated the DHEM conductor.

“This is a very encouraging result,” Richard Bevan told The Roadhouse.

“We believe it will be the highest grade copper mineralisation we have drilled at Succoth to date

“It is a more heavily disseminated sulphide mineralisation.

“So we have a long intercept of around 80 metres that we expect will return some good numbers once it has been assayed.

Speaking with Bevan we noticed the timing of the release was handy having come out just
Just before he was to step out to the podium, suggesting a cynic may think the company had that planned.

“The results are preliminary, but it is important for us to get them out,” Bevan replied.

“People have been asking us how the Succoth drilling campaign is progressing.

“If we really had it planned we would have had the assay numbers ready.”

Email: admin@cassiniresources.com.au

Website: www.cassiniresources.com.au