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Caprice Resources Begins Diamond Drilling at Island Gold Project

Story Highlights
  • Caprice Resources Ltd has started diamond drilling at its Island Gold Project in Western Australia.
  • The drilling aims to extend known gold deposits and support the upcoming Mineral Resource Estimate.
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Caprice Resources Begins Diamond Drilling at Island Gold Project

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Caprice Resources Ltd. ( (AU:CRS) ) just unveiled an update.

Caprice Resources Ltd has commenced diamond drilling at its Island Gold Project in Western Australia’s Murchison Goldfields as part of a comprehensive 20,000-meter Phase 4 exploration campaign. This phase includes diamond, reverse circulation, and air core drilling, aiming to extend the depth and strike of known gold deposits and uncover new mineralization zones. The drilling is expected to provide vital insights into the structural controls and continuity of high-grade gold mineralization, supporting the upcoming maiden Mineral Resource Estimate. The campaign is anticipated to generate significant news flow as it progresses, with potential implications for the company’s operational scale and resource evaluation.

More about Caprice Resources Ltd.

Caprice Resources Ltd is a company operating in the mining industry, focusing on gold exploration and development. The company is engaged in projects located in Western Australia’s Murchison Goldfields, with a primary emphasis on expanding and evaluating gold deposits.

YTD Price Performance: 530.43%

Average Trading Volume: 5,967,767

Technical Sentiment Signal: Buy

Current Market Cap: A$99.27M

Find detailed analytics on CRS stock on TipRanks’ Stock Analysis page.

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