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Cavalier Resources Limited ( (AU:CVR) ) has provided an update.
Cavalier Resources has confirmed continuity of gold mineralisation at the Miranda Target, about 1km north of the planned Stage 1 starter pit at its Crawford Gold Project, after completing five reverse circulation drill holes totalling 398 metres as part of a broader 4,647-metre near-mine extensional drilling program in the fourth quarter of 2025. Significant intercepts, including 6 metres at 1.29g/t gold from 27 metres and additional zones around 1g/t gold, demonstrate mineralisation continuity over 100 metres of strike within a 500-metre extensional corridor that may link into the existing Crawford Mineral Resource, supporting the potential for meaningful long-term upside beyond the current Stage 1 pit design. With all assays from the latest program now reported and a Native Title Agreement in place with the Wangkatja Tjungula Aboriginal Corporation, the company signals it is well positioned to advance Stage 1 towards mining operations while further near-mine exploration at Miranda and other targets in 2026 underpins the project’s longer-term growth prospects.
The most recent analyst rating on (AU:CVR) stock is a Hold with a A$0.41 price target. To see the full list of analyst forecasts on Cavalier Resources Limited stock, see the AU:CVR Stock Forecast page.
More about Cavalier Resources Limited
Cavalier Resources Limited is an Australian gold exploration and development company focused on advancing its Crawford Gold Project, where it is progressing a Stage 1 starter pit and pursuing near-mine extensional targets such as the Miranda prospect to grow its resource base and future production profile.
Average Trading Volume: 73,345
Technical Sentiment Signal: Buy
Current Market Cap: A$30.68M
See more insights into CVR stock on TipRanks’ Stock Analysis page.

