CPN 4.41% 6.5¢ caspin resources limited

Seems to be a little bit of life stirring in CPN. I am watching...

  1. 260 Posts.
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    Seems to be a little bit of life stirring in CPN. I am watching this closely... imminent 11 RC results could catch the market by surprise.

    Snippet from a recent interview with CHN's Alex Dorsch, his comments re CPN I found quite interesting...

    "We are an investor in Caspin (ASX:CPN), we own about 10%. We are a strategic investor and very supportive of what they are doing. We view their ground position to the north of us as a very attractive, early-stage exploration opportunity and they already have evidence of sulphides that are very, very similar in tenor and type of minerality to what we are seeing in our discovery."

    A reminder of CHN's initial drill hole assays...

    CHN's first drill hole hit 19m at 2.59% nickel, 1.04% copper, 8.37g/t palladium and 1.11g/t platinum from 48m in fresh rock, which included a massive sulphide zone of 13m at 3.15% nickel, 1.19% copper, 8.85g/t palladium and 1.09g/t platinum. This zone was identified within a broader zone of 25m at 2.02% nickel, 0.88% copper, 8.50g/t palladium and 0.91g/t platinum from 46m.

    Alex's comments makes me very comfortable to see how CPN's campaign plays out, both in terms of the upcoming assay results but also the imminent re-commencement of drilling (another 2000m RC I believe) and the deep DD hole part govt funded - I believe will be circa 800m. That will be eagerly anticipated by the market.

    GLTA
 
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