Announcement Date: 2022-08-15
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Cannindah Resources Ltd.
Project name: Mt Cannindah
Location: Australia
Commodities: Gold,Silver,Copper,Sulphur
Highlight: Drilling results incl. 1022m @ 0.31% Cu, 0.2g/t Au, 5.5g/t Ag, 2.6% S from 64m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Cannindah Resources Limited (“Cannindah”, “CAE”) is pleased to announce the next set of completed assay results from the drilling program currently underway at Mt Cannindah, copper gold silver project south of Gladstone near Monto in central Queensland (Figs 1 to 2) pertaining to the middle section (481m to 856m) of hole 22CAEDD011. Hole CAE #11 is the northern most hole that CAE have drilled to date at Mt Cannindah . At a final depth of over 1099.4m, it is also the deepest, drilling east to west down the axis of a major tabular breccia body. The results reported here further expand the depth extent of sulphidic , copper-gold -silver bearing breccia and altered porphyry zones. CAE hole #11 was collared in unaltered diorite, targeting blind breccia mineralisation. CAE holes in this northern zone (CAE # 9 ,10,11) have all returned thick intersections of high grade copper-gold silver (Fig 3), reported in previous CAE ASX announcements
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