CPN 1.23% 8.0¢ caspin resources limited

For those interested the below is the moving loop results that...

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    For those interested the below is the moving loop results that Chalice generated before their first pass at Julimar ( Spec was all over this ! ) the highlighted were the ones chosen as priority to drill .. conductor E was hit with first RC hole the rest is history

    Although CPN conducted AEM surveys citing the potential for 'low sulphidic' and therefore 'weak' response to moving loop, they are now, doing exactly the same EM technique that was so successful for Chalice.. can't conclude anything whatsoever from this except that we have a reference point when looking at the moving loop results

    Julimar Nickel Project, Western Australia
    The Julimar Nickel Project is located ~80km north-east of Perth and is centred over an interpreted 26 x 7km
    mafic-ultramafic layered intrusion complex which is prospective for nickel, copper and PGEs.
    The Company completed an initial ground-based Moving Loop EM (MLEM) program in Q3-Q4 2019 over
    the southern part of the intrusive complex on private land.
    A series of moderate to high conductance anomalies were identified with plates A, B and E selected for
    drill testing with a 6-hole ~1,500m RC drilling program (Table 1 and Figure 13).

    Table 1. Modelled EM conductors, Julimar Nickel ProjectPlate ID Depth to top (m) Length (m) Depth Extent (m) Conductance (Siemens)
    A 214 680 135 5,360
    B 66 100 100 2,500
    C 102 135 400 1540
    D 108 200 200 500
    E 40 140 40 11,830
    F 34 400 100 300
    G 100 135 300 800
    H 100 135 200 800


    GLTAH
 
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