Cassini Resources Intercepts Massive Sulphides at Yappsu

THE DRILL SERGEANT: Cassini Resources (ASX: CZI) announced a ‘significant’ intersection of massive sulphide mineralisation at the Yappsu prospect within the West Musgrave Project (WMP) in Western Australia.

Cassini Resources is conducting the current drilling as part of an Earn-in/JV Agreement with OZ Minerals Limited (ASX: OZL).

The JV Partners are currently undertaking a Pre-feasibility Study (PFS) on the Nebo-Babel deposits as well as a regional exploration program.

Diamond drillhole CZD0076B undertaken at Yappsu was designed to test two distinct ‘off-hole’ DHEM conductors identified from historical drilling.

The hole intersected 6.2 metres of massive sulphide corresponding with an area known as the upper ‘C’ conductor.

Cassini Resources said visual observations have identified pentlandite (nickel sulphide), chalcopyrite (copper sulphide) and pyrrhotite (barren iron sulphide) from 426.1m downhole.

A lower zone measuring over 60m wide, of disseminated and stringer sulphide mineralisation (varying from 5 to 20 per cent total sulphide) and also containing nickel and copper mineralisation was intersected below the massive sulphide.

The company explained this zone corresponds with another area – the ‘B’ conductor.

“Exploration at the prospect is at an early stage and at present mineralisation appears open in all directions,” Cassini Resources said in its ASX announcement

“The intersection is the thickest massive sulphide mineralisation drilled at the prospect to date.

“The hole is continuing through the barren footwall to a proposed depth of 600 metres to provide a suitable platform for DHEM.

“The drill core is currently being logged and cut on site before samples are expedited through the assay laboratory (along with samples from CZD0077 at the H-T Lode as announced on 21 June 2018) in Perth.”

 

Email: admin@cassiniresources.com.au

Website: www.cassiniresources.com.au