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Caspin Resources to Launch Phase Two Drilling at Weethalle Gold Project

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Caspin Resources to Launch Phase Two Drilling at Weethalle Gold Project

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

Caspin Resources Limited has announced plans for Phase Two of its drilling program at the Weethalle Gold Project, scheduled to commence in early 2026. The initial phase of drilling and soil geochemistry has revealed a large hydrothermal system and identified new targets for exploration, including a significant gold-in-soil anomaly. The company aims to extend its exploration efforts to the Euratha historical workings, with promising results indicating potential gold mineralization. This development could enhance Caspin’s position in the gold exploration sector and provide valuable insights for stakeholders.

More about Caspin Resources Ltd.

Caspin Resources Limited is a company operating in the mining industry, focusing on exploration activities. The company is involved in the Weethalle Gold Project in New South Wales, where it has an option to earn 80% of the project. Caspin Resources is engaged in identifying and developing mineral resources, with a particular emphasis on gold exploration.

Average Trading Volume: 1,423,879

Technical Sentiment Signal: Buy

Current Market Cap: A$24.15M

For a thorough assessment of CPN stock, go to TipRanks’ Stock Analysis page.

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