Caprice Resources Ltd. (AU:CRS) has released an update.
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Caprice Resources Ltd has embarked on a 5,000m reverse circulation drilling program at its Island Gold Project, targeting extensions of high-grade gold mineralization and new high-grade zones similar to the Break of Day deposit. The project is strategically located within trucking distance of two major gold processing facilities, enhancing its potential as a high-grade gold development opportunity. With historical gold production and significant gold intercepts, Caprice aims to deliver its maiden Mineral Resource Estimate in the second half of FY2025, drawing interest from investors seeking exposure to gold resources.
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