Capricorn Metals Ltd (AU:CMM) has released an update.
Capricorn Metals Ltd has reported significant advancements in their Mt Gibson Gold Project, with 17,023 meters of drilling completed in the March 2024 quarter yielding high-grade gold intercepts, and an increase of 380,000 ounces in Ore Reserve Estimate, now totaling 1.83 million ounces. Additionally, near mine exploration has delivered promising results, and a new drilling program has launched to assess the underground mining potential. The company also initiated an extensive infill drilling program at the Karlawinda Gold Project to upgrade resource classifications expected in the coming months.
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