CVV caravel minerals limited

Ann: Drilling Results - Bindi Copper Deposit, page-5

  1. 3,456 Posts.
    lightbulb Created with Sketch. 9977
    A couple of snips showing the main CVV holdings with drilling and Cu geochem. Tip of an iceberg for the data.

    https://hotcopper.com.au/data/attachments/2932/2932990-363316bc38346dcc024e8ea6feef74a9.jpg
    https://hotcopper.com.au/data/attachments/2932/2932993-57d0e87371017a841648e162b5d62203.jpg
    Top one 2016 shows RC DDH but only hints at aircore traverses with the Cu surface geochem.

    Second is from the 2019 scoping study and is basically similar but shows some (all?) aircore wide spaced traverses that developed the broad Cu anomalies.

    Ninan attracted explorers to the area. Dominion's early 2000's roadside sampling generated targets that were followed up and led to the current status.

    Your question on coverage is somewhat answered by these diagrams and you can come up with some figure.

    From an exploration perspective RC/limited DDH coverage of geochem targets is probably quite low for most except the main ones. There has been IP surveys done and followed up with RC (mainly) at Edmonds, Cavel, Dasher E, Kurrali as well as the other major areas.

    In my previous post I mentioned Bindi hadn't received RC complete coverage on 100m spaced lines within the main areas. Something I suspect will be rectified by the current program to some degree (all if they can afford it I suspect).

    2020 drilling at Dasher was disappointing and the impression management gave me is they will re-evaluate models and come back again at some point in time. Getting Bindi up to PFS is IMO the high priority and Dasher, Opie, others can be brought up to, or not, PFS standard or better if a Mine is developed at Bindi. Timing does need to be handled well.

    The palaeochannels shown on the 2016 plan are difficult geochem, geophysical, and drill targets but can hide significant mineral deposits. Check out St Ives (WMC/Goldfields).

    A quick post mostly from memory DYOR
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
15.5¢
Change
-0.005(3.13%)
Mkt cap ! $89.40M
Open High Low Value Volume
16.0¢ 16.0¢ 15.5¢ $8.941K 57.53K

Buyers (Bids)

No. Vol. Price($)
1 34398 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 50819 6
View Market Depth
Last trade - 12.08pm 07/08/2025 (20 minute delay) ?
CVV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.