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Cassini: New Drilling Results Confirm Succoth Potential
Feb. 19, 2019 09:30AM PST
The company said it and its JV partner OZ Minerals (ASX:OZL) are currently undertaking a prefeasibility study (PFS) on the Nebo-Babel deposits as well as a regional exploration program.
Cassini Resources (ASX:CZI) has announced results from recent drilling at the Succoth deposit within the West Musgrave project in Western Australia.
The company said it and its JV partner OZ Minerals (ASX:OZL) are currently undertaking a prefeasibility study (PFS) on the Nebo-Babel deposits as well as a regional exploration program.
As quoted int he press release:
Three diamond drill holes for 1,883.3m were completed in late 2018, infilling a strategic section critical to resolving the folded stratigraphy model hypothesis. Significant results from the program include 76.3m at 0.71 percent copper and 0.17 grams per tonne (g/t) platinum-group elements (PGE) from 46.7m (CZD0096), 92.55m at 0.75 percent copper and 0.19 g/t PGE from 271.45m (CZD0097) and 141.3m at 0.50 percent copper and 0.11 g/t PGE from 431.5m (CZD0098).
Of note in CZD0097 is a 0.25m intersection of re-mobilised massive sulphide within a dolerite dyke grading 3.17 percent nickel, 1.41 percent copper and 0.22 percent cobalt.
Click here to read the full Cassini Resources (ASX:CZI) press release.
