Caspin Resources (ASX: CPN) managing director Greg Miles sheds light on the modern-day need for tin for the benefit of Wally Graham on Day One of the 2025 RIU Sydney Resources Roundup.
THE CONFERENCE CALLER: Companies presenting at the upcoming 2025 RIU Explorers Conference have been busy in the lead up to the event.
Here’s a brief sample of what has been happening across the sector thus far this year.
Coda Minerals to Commence High-Impact Drilling at Elizabeth Creek
Coda Minerals (ASX: COD) is on the march in readiness for a high-impact exploration drilling program at the company’s 100 per cent-owned Elizabeth Creek copper-cobalt project (ECCCP) in South Australia.
Dreadnought Resources Consolidates Mangaroon Tenement Holdings
Dreadnought Resources (ASX: DRE) continues to expand its Mangaroon project in Western Australia.
Spartan Resources Kicks Off NY with Major Dalgaranga Drilling Program
Spartan Resources (ASX: SPR) has kicked off 2025 in style with a raft of activity at the company’s 100 per cent-owned Dalgaranga gold project (DGP), located in the Murchison region of Western Australia.
Caspin Resources to Commence Bygoo Tin Project Drilling
THE DRILL SERGEANT: Caspin Resources (ASX: CPN) is set to commence its first drilling campaign at the company’s recently acquired, 100 per cent-owned Bygoo tin project in New South Wales.
Galan Lithium Increases Candelas Mineral Resources
Galan Lithium (ASX: GLN) announced a material increase in the JORC (2012) Mineral Resource Estimate (MRE) for the company’s 100 per cent-owned Candelas project in the Catamarca Province of Argentina.
New World Resources Identifies Gold-Rich Alteration Zone at Antler Deposit
New World Resources (ASX: NWC) reported identifying additional gold mineralisation at the y’s Antler Copper project in Arizona, USA.
Warriedar Resources Drills High-Grade Gold Across Multiple Shears
Warriedar Resources (ASX: WA8) has identified a new gold zone within the company’s Golden Range project in Western Australia.
THE DRILL SERGEANT: Caspin Resources (ASX: CPN) is set to commence its first drilling campaign at the company’s recently acquired, 100 per cent-owned Bygoo tin project in New South Wales.
Caspin Resources has received all requisite approvals for the drilling program at Bygoo, which it anticipates kicking off in the first week of February with approximately 1,500m of RC drilling.
The campaign will follow footsteps of previous drillers at the Bygoo North prospect that defined at least five separate lodes of tin mineralisation.
Caspin explained the most recent discoveries have been high-grade, but also steeply dipping, indicating the older generations of shallow, vertical drilling were ineffective.
The company aims to test the continuity and extensions of high-grade mineralisation at several of the mineralised lodes.
“The acquisition of the Bygoo tin project, and now the commencement of drilling, marks a new chapter in the company’s short history,” Caspin Resources managing director Greg Miles said in the company’s ASX announcement.
“This program will be focussed solely on the advanced Bygoo North prospect and the potential to define and extend high-grade tin mineralisation.
“Bygoo North has previously delivered high-grade intercepts such as 35 metres at 2.1 per cent tin at shallow depths.
“More broadly, we’ve conducted a thorough data review process and have been delighted by the new opportunities for further high-grade discoveries across the project and are already in the planning stages for regional drill programs, in addition to potential follow-up at Bygoo North.
“We are also encouraged by continued strong tin prices during a time of commodity price uncertainty.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
