| Announcement Date: | 2022-11-14 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | JORC |
| Company name: | Castile Resources Ltd. |
| Project name: | Rover |
| Location: | Australia |
| Commodities: | Gold,Copper,Cobalt |
| Highlight: | Updated Resource Estimate for Project |
| 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 announce the maiden Mineral Resource Estimate (MRE) for its 100% owned Rover 4 Deposit located 2km north from the Company’s flagship asset Rover 1. Due to the proximity of Rover 4 to the planned Rover 1 development, the Rover 4 MRE can now be added to the Rover 1 Project MRE as per Table 1. Prior to Castile purchasing the tenement in 2019, 48 holes has been drilled at Rover 4, with 42 intercepting mineralisation. Castile drilled two holes in the 2022 field season to validate interpretation prior to performing the MRE. Rover 4 provides longer term optionality in the proposed development for Rover 1, increasing the overall resource inventory as tabulated below. Rover 4 occurs in a low relief area covered by extensive transported cover lying over approximately 100 metres of flatlying Cambrian sediments of the Wiso Basin. The basin unconformably overlies the Proterozoic basement of the Warramunga Provence which hosts the deposit. Recent dating by the Northern Territory Geological Survey indicates the host rocks are of Ooradidgee Group equivalent age. |
| 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
- 40,000 company announcements
- Access announcements older than 7 days only
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