The bottom line tells us that Greg is very confident.
Caspin’s Chief Executive Officer, Mr Greg Miles, commented “We’ve made excellent progress over the past couple of months at Yarawindah Brook, drilling over 6,000m of RC and 2,500m of diamond core. We are really excited by what we’ve seen at the XC-22 Prospect, particularly the significant zones of sulphide mineralisation intersected in recent diamond drilling. Just as importantly, these zones appear continuous and predictable, which gives us some confidence that we’re on the cusp of a major discovery at Yarabrook Hill. We look forward to assay results in due course. To this end, we’re addressing the persistent delays in assay turn-around by utilising a second laboratory and streamlining our assay methodology. “Meanwhile, we’re also drilling a number of peripheral targets, such as the Northwest soil anomaly and the Brassica Prospect, because we believe that Yarawindah Brook is a camp-scale intrusive complex, with multiple prospective settings and many opportunities for discovery. We’ll continue to evaluate new targets as we systematically collect data from across the project. “I’d like to thank our technical team for their fantastic effort during this drill program and hope they and our shareholders enjoy some reward in the not-too-distant future.
CPN Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held
