Cannindah Resources Limited (AU:CAE) has released an update.
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Cannindah Resources Limited has commenced drilling at its flagship Mount Cannindah Copper Gold Project in Queensland, aiming to expand its existing mineral resource estimate of 14.5 million tonnes. The drilling program targets new areas identified by recent geophysical surveys, with the potential for significant new discoveries. This strategic move is expected to unlock further value for shareholders by enhancing the scale of the project.
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