Canterbury Resources Ltd. (AU:CBY) has released an update.
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Canterbury Resources Ltd. has announced promising assay results from the first hole of its 2024 drilling program at the Briggs copper-molybdenum project, revealing significant high-grade copper mineralization. The findings include an intersection of 276 meters at 0.45% copper from the surface, with 50% of the mineralization extending beyond the known resource boundary, indicating potential for a higher-grade starter pit. The company is continuing its drilling efforts, with further results expected soon, and the project is supported by an Earn-in Joint Venture Agreement with Alma Metals Limited.
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