CPN 3.64% 5.7¢ caspin resources limited

Yes, you would think CPN would use the $150k to retain the...

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  1. 267 Posts.
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    Yes, you would think CPN would use the $150k to retain the current DD rig and drill another hole (they've indicated just one it seems). I've read that DD drilling cost is about $200 per metre (could be outdated numbers now), so perhaps one hole up to 750m deep. Which is probably not surprising given I see CHN have been drilling DD holes like crazy at Julimar up to 600m+ deep. It does appear some of these intrusions are going quite deep...

    I love the fact it is core drilling and they will know by visuals how it is looking... and hopefully they have a portable XRF to gauge some reading for Ni etc. so we don't have to wait 8-12 weeks for lab assays.
    Last edited by Brobel: 23/04/21
 
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