The depth extension of Mt Cannindah is where the hidden growth potential lies… the width is more than healthy even just as it is, but the fact that hole 3 was drilled to 762m and still didn’t reach the end of copper-gold mineralisation says a lot doesn’t it.
Not to mention Cannindah East upcoming drilling where past numbers such as 36m @ 8.65g/t gold and 52m @ 4.90g/t gold makes me wonder what else is there . Got these numbers from the March announcement, was a good read.
will this be an acquisition target for one of the bigger players? Not out of the question.
CAE Price at posting:
24.0¢ Sentiment: None Disclosure: Held
