Cassini Resources in Pre-Christmas Drill Frenzy

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has moved a second drill rig to its West Musgrave project Joint Venture with OZ Minerals (ASX: OZL) in Western Australia.

Cassini Resources said the current drilling program was progressing well, leading to the positioning of the second drill rig to ensure the program is completed prior to Christmas with both rigs working day and night shifts.

The second diamond rig has recently commenced drilling at the One Tree Hill Prospect, where zones of PGE anomalism (e.g. 35m at 0.11g/t Pd+Pd and locally up to 0.81g/t) have been intersected in historical drilling, which Cassini believes provides encouragement for orthomagmatic nickel-copper sulphide mineralisation, possibly with a later hydrothermal overprint.

Drillhole CZD0017 is expected to reach the target zone late next week.

Cassini outlined progress on a metallurgical drill program with 3 of 4 diamond holes now complete.

The company explained the holes are designed to ‘twin’ 2014 RC holes, and are expected to provide confirmation of the style and grade of existing mineralisation.

Drilling will provide approximately twenty whole ore and composite samples for the next stage of metallurgical test work, which is scheduled to begin early in the New Year.

Diamond drilling has concluded at the Babylon prospect, located at the western end of the Succoth copper deposit, with hole CZD0011 terminated at 791.9m.

“The existing mineralised zone at the shallower levels within this part of the deposit was not intersected at depth by CZD0011, indicating a possible plunging or flattening geometry of the host intrusion,” Cassini Resources explained in its ASX announcement.

“Whilst no significant visible mineralisation was intersected, the primary reason for the drill hole, which was to test for a massive sulphide position at depth, remains unanswered.

“Furthermore, the complex geology encountered is perhaps more suitable for massive sulphide accumulations compared to the original conceptual targeting model, as change from sub-vertical to a sub-horizontal orientation of host intrusion is considered favourable setting for accumulation of massive sulphides.

“The interpretation of the geological data is still underway and will be complemented by a DHEM survey, likely to be completed early in the 2017 field season.

“The DHEM survey will be the first opportunity to gain geophysical information at this depth and will greatly assist future targeting.”

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