Caprice Resources Expands Drilling Program at Island Gold Project

The latest announcement is out from Caprice Resources Ltd. ( (AU:CRS) ).

Caprice Resources Ltd has announced an update on its Phase 3 Reverse Circulation drilling program at the Island Gold Project, with 4,000 meters of the planned 5,000 meters already completed. The company has decided to expand the drilling to 7,000 meters due to successful results, targeting high-grade gold mineralization at Vadrians and New Discovery. Additionally, a soil sampling program has commenced at Cuddingwarra, and an Entry Permit has been received for the West Arunta exploration tenements, positioning Caprice to advance its exploration efforts and potentially enhance its resource base.

More about Caprice Resources Ltd.

Caprice Resources Ltd is an exploration and potential project development company focused on high-value commodities, including gold, copper, and rare earth elements. The company holds a significant land position in Western Australia, covering 1,540 square kilometers of tier-one ground. Caprice is advancing exploration and resource growth at its three Murchison gold projects: the Island Gold Project, New Orient Gold Mine, and Cuddingwarra. Additionally, Caprice has a large presence in the West Arunta region, known for its gold, copper, and niobium/REE potential.

Average Trading Volume: 8,462,200

Technical Sentiment Signal: Buy

Current Market Cap: A$26.52M

Learn more about CRS stock on TipRanks’ Stock Analysis page.