- Caprice Resources (CRS) confirms gold continuity in its latest drill results from its Island gold project in the Murchison region of Western Australia
- Significant drill intercepts were recorded across the prospects, confirming either dip continuity or down plunge continuity
- However, the results from this program were unable to replicate the thick high-grade intercepts seen in previous drilling
- The company will now shift its focus to the Solis prospect, with aircore results and further drilling expected soon
- Shares are trading flat today at 8.5 cents each at 12:29 pm AEST
Caprice Resources (CRS) has confirmed gold continuity in its latest drill results from its Island gold project in the Murchison region of Western Australia.
Significant drill intercepts were recorded across the prospects, confirming either dip continuity or down plunge continuity.
One of the best results came from Trigg Gully with three metres at 3.2 grams per tonne (g/t) gold from 101 metres, including one metre at 7.9 g/t gold.
The results came from a recently completed 19-hole reverse circulation drill program, which aimed to follow up on previous results.
It tested continuity at five prospects including Evening Star, Vadrians Hill, Vadrian North, Trigg Gully and Detector Gully.
However, the results were unable to replicate the thick high-grade intercepts seen in the previous program.
The company will now shift its focus to the Solis prospect, with aircore results and further drilling expected soon.
Shares were trading flat today at 8.5 cents each at 12:29 pm AEST.