Caspin Launches New Drilling Campaigns at Bygoo Tin and Weethalle Gold Projects

Caspin Resources Ltd. ( (AU:CPN) ) has issued an update.

Caspin Resources has commenced multiple exploration programs across its Bygoo Tin and Weethalle Gold projects in New South Wales, including a Phase 2 reverse circulation drilling campaign at Weethalle to test newly defined geochemical and geophysical gold targets at the Euratha prospect and Blue Reef workings. At Bygoo, the drill rig will then undertake a 5,000-metre program aimed at expanding the Kelpie tin resource and testing the extents of the Kelpie exploration target and nearby prospects, supported by an induced polarisation survey co-funded under the NSW Critical Minerals and High-Tech Metals Exploration Program and soil geochemistry at Ardlethan East to generate further drill targets near the historic Ardlethan Mine, underscoring Caspin’s efforts to grow its tin resource base and advance gold discoveries in a strategically important jurisdiction.

The most recent analyst rating on (AU:CPN) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Caspin Resources Ltd. stock, see the AU:CPN Stock Forecast page.

More about Caspin Resources Ltd.

Caspin Resources Limited is an Australian exploration company focused on tin and gold projects in New South Wales, notably the Bygoo Tin Project and the Weethalle Gold Project. The company is targeting critical minerals and precious metals, aiming to expand known resources such as the Kelpie tin deposit and to define new gold mineralisation zones through geochemical and geophysical exploration programs.

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Technical Sentiment Signal: Buy

Current Market Cap: A$28.14M

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