TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Caspin Resources Ltd. ( (AU:CPN) ).
Caspin Resources Limited has released an amended announcement regarding its maiden resource estimate for the Kelpie Deposit at the Bygoo Tin Project in New South Wales. The estimate reveals an inferred resource of 3.94 million tonnes at 0.5% tin, highlighting significant growth potential. The project is constrained only by drilling, with the potential to more than double the resource size. The Kelpie Deposit is part of a larger mineralized system with minimal modern exploration, indicating substantial room for future discoveries. This development positions the Bygoo Tin Project as a potential major new tin project in Australia, benefiting from its high-grade deposit and open pit mineable potential.
More about Caspin Resources Ltd.
Caspin Resources Limited is a mineral exploration company based in Perth, Western Australia, specializing in early-stage exploration and development. The company has three main projects in Australia, focusing on a diverse mix of commodities including tin, PGE, nickel, copper, gold, rare earths, and base metals. These projects are strategically located in Australia’s premier mineral districts, offering significant potential for value addition through exploration and discovery.
Average Trading Volume: 264,900
Technical Sentiment Signal: Sell
Current Market Cap: A$9.85M
For an in-depth examination of CPN stock, go to TipRanks’ Overview page.