High-Grade Drill Results Strengthen Island Gold Growth Potential
Caprice Resources Ltd (ASX: CRS) has reported strong high-grade gold assay results from its Phase 4 drilling programme at the Island Gold Project, reinforcing the scale and continuity of mineralisation at the Vadrians prospect. Recent results confirm gold mineralisation extending over 1,000 metres of strike and to at least 400 metres vertical depth, supported by consistent high grades from infill, depth, and strike extension drilling.
Notable intersections include 19 metres at 4.6 g/t gold and 4 metres at 30.6 g/t gold, alongside the identification of new high-grade shoots and a previously unrecognised quartz reef in the footwall, adding further upside to the system. Drilling has recommenced in early January, with approximately 7,000 metres remaining to complete the planned 20,000-metre Phase 4 programme. A substantial pipeline of pending assays underpins near-term news flow, while parallel field exploration at the newly acquired Comet Project broadens Caprice’s growth optionality across its Murchison gold portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services. By continuing to use this site, we assume you consent to this. Read our Privacy Policy and Terms & Conditions
High-Grade Drill Results Strengthen Island Gold Growth Potential
Caprice Resources Ltd (ASX: CRS) has reported strong high-grade gold assay results from its Phase 4 drilling programme at the Island Gold Project, reinforcing the scale and continuity of mineralisation at the Vadrians prospect. Recent results confirm gold mineralisation extending over 1,000 metres of strike and to at least 400 metres vertical depth, supported by consistent high grades from infill, depth, and strike extension drilling.
Notable intersections include 19 metres at 4.6 g/t gold and 4 metres at 30.6 g/t gold, alongside the identification of new high-grade shoots and a previously unrecognised quartz reef in the footwall, adding further upside to the system. Drilling has recommenced in early January, with approximately 7,000 metres remaining to complete the planned 20,000-metre Phase 4 programme. A substantial pipeline of pending assays underpins near-term news flow, while parallel field exploration at the newly acquired Comet Project broadens Caprice’s growth optionality across its Murchison gold portfolio.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au