CPN 1.89% 5.4¢ caspin resources limited

Anyone else notice the similarities between Caspin's recent RC...

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  1. 29 Posts.
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    Anyone else notice the similarities between Caspin's recent RC results and Chalice's total resource? Aside from the total PGE's they're very similar. And that intersection of 263m is indicative of a very large system!

    https://hotcopper.com.au/data/attachments/3778/3778550-973517205f63b6b7d422897abc9ee85f.jpg
    All they need is some nice high grade areas.... oh they've already got some!

    https://hotcopper.com.au/data/attachments/3778/3778652-0214f58e374936015955e8f7b8ea160c.jpg


    If only they had enough drilling to support a resource... well they have a historical resource which they can't report as it's not JORC. It's only the oxide (ie top 20-40m). Chalice have 8.8Mt of this material and Caspin has a historical resource of 2.9Mt

    https://hotcopper.com.au/data/attachments/3778/3778623-c26c71818aafec09a55bc63dd1b2cf3f.jpg
    What would I say to Caspin management?

    DRILL DRILL DRILL!!

    Prove up the extent of the historical High Grade areas, validate the historical data and test the maximum extents.

    Should be an interesting ride

    DYODD

 
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