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Caprice Resources Initiates Phase 3 Drilling at Island Gold Project

Story Highlights
  • Caprice Resources starts Phase 3 drilling at Island Gold Project targeting high-grade gold.
  • The project aims to enhance resource base and strategic positioning in the Murchison district.
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Caprice Resources Ltd. ( (AU:CRS) ) has issued an announcement.

Caprice Resources Ltd has commenced its Phase 3 Reverse Circulation drilling program at the Island Gold Project, aiming to explore high-grade gold targets along a five-kilometer strike. This initiative is expected to enhance the company’s resource base by testing new and existing gold mineralisation zones, potentially leading to significant discoveries. The project is strategically positioned between major gold processing facilities, which could bolster Caprice’s market positioning and stakeholder value.

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 identifying and developing high-grade gold mineralisation targets, primarily within the Island Gold Project located in the Murchison district of Western Australia.

YTD Price Performance: 125.00%

Average Trading Volume: 23,536

Technical Sentiment Signal: Sell

Current Market Cap: €16.13M

See more data about CRS stock on TipRanks’ Stock Analysis page.

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