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An announcement from Caspin Resources Ltd. ( (AU:CPN) ) is now available.
Caspin Resources Ltd. has announced a maiden Inferred resource estimate for the Kelpie Deposit at its Bygoo Tin Project, revealing a high-grade tin deposit with significant growth potential. The initial estimate indicates 3.94 million tonnes at 0.5% tin, with the potential for expansion as the mineralization remains open along strike and at depth. This development marks a substantial step towards establishing a viable mining project, with further exploration and metallurgical testing planned to extend the resource footprint. The Kelpie Deposit is part of a larger mineralized system with the potential for new discoveries, underscoring the project’s promise in the tin mining sector.
More about Caspin Resources Ltd.
Caspin Resources Limited is a company focused on mineral exploration and development, primarily engaged in the discovery and development of tin resources. The company operates the Bygoo Tin Project in New South Wales, Australia, and aims to establish itself as a significant player in the tin mining industry.
Average Trading Volume: 253,497
Technical Sentiment Signal: Sell
Current Market Cap: A$9.31M
For an in-depth examination of CPN stock, go to TipRanks’ Overview page.