Cannindah Resources Limited (AU:CAE) has released an update.
Cannindah Resources Limited has reported a substantial increase in their Mt Cannindah project’s copper and gold resources, following the completion of the first phase of drilling. The updated Mineral Resource Estimate (MRE) now stands at 14.5 million tonnes at 1.09% copper equivalent, marking an impressive 117% increase in copper metal. The company plans to continue exploration with the intention of further expanding the resource base, indicating a positive outlook for future growth and investment opportunities.
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