| Announcement Date: | 2022-08-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Castile Resources Ltd. |
| Project name: | Rover |
| Location: | Australia |
| Commodities: | Gold,Copper |
| Highlight: | Drilling results incl. 4.2m @ 0.9% Cu, 2.9g/t Au from 363.8m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Castile Resources Limited (ASX:CST) (“Castile” or “the Company”) is pleased to provide a further update on the outcomes of the remainder of drilling results at its Rover Project, near Tennant Creek in the Northern Territory. The last two holes of the program were drilled at the Rover 4 Prospect approximately 2.1km north of the planned Rover 1 mine. Given the Iron Oxide Copper Gold (IOCG) discovery previously made at this prospect, the decline has been planned to run past Rover 4 (see Figure 1) and potentially provide an early opportunity for copper ore to be produced whilst the Rover 1 orebody is being developed. The previous owners of Rover 4 drilled 48 holes into the deposit (see ASX:CST 2 February 2022) and Castile will now combine that data with these two new holes (see Figures 2 and 3) to produce a mineral resource estimate for the prospect. Two diamond holes were drilled at Rover 4 to validate the position of ironstone alteration and to gather valuable geotechnical information from the overlying and unconforming sedimentary rocks of the West Wiso basin within which the decline will be developed. |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 37,000 company announcements
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Announcement Alerts and Notifications
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data