Cannindah Resources Limited (AU:CAE) has released an update.
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Cannindah Resources Limited has reported a loss of $1,506,677 for the financial year ending June 30, 2024, a decrease from the previous year’s loss of $1,902,972, while continuing to focus on mineral exploration and development. Notably, the company achieved a significant upgrade in Mineral Resource Estimate for its Mt Cannindah project, with a 117% increase in copper metal tonnes. The company’s strategy for the upcoming year includes further exploration at Mt Cannindah and the Piccadilly Project, aiming to consolidate their exploration strategy.
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