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An announcement from Caprice Resources Ltd. ( (AU:CRS) ) is now available.
Caprice Resources reported a strong December quarter marked by significant progress at its Island Gold Project, where Phase 4 drilling delivered multiple high-grade gold intercepts, extended mineralisation to at least 400 metres depth and over 1,000 metres of strike at the Vadrians prospect, and confirmed grade continuity through both reverse circulation and diamond drilling. The company also executed a binding earn-in to acquire the Comet Gold Project along strike from Island Gold, effectively tripling its landholding to a contiguous 68km² in the Murchison Goldfields, commenced fieldwork at Comet, completed high-resolution aeromagnetic surveying at its Chobe Project in West Arunta to refine future drill targets, and closed the quarter with A$4.8 million in cash, positioning it for an active 2026 exploration programme.
The most recent analyst rating on (AU:CRS) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Caprice Resources Ltd. stock, see the AU:CRS Stock Forecast page.
More about Caprice Resources Ltd.
Caprice Resources Ltd is an Australian gold exploration company focused on advancing its flagship Island Gold Project in Western Australia’s Murchison Goldfields, while also building a regional footprint through nearby projects such as the Comet Gold Project and early-stage exploration at the Chobe Project in the West Arunta region.
Average Trading Volume: 2,857,701
Technical Sentiment Signal: Buy
Current Market Cap: A$74.06M
For a thorough assessment of CRS stock, go to TipRanks’ Stock Analysis page.