ASX:CRS

4 stories mentioning ASX:CRSUpdated 34d ago

Every FINWIRES story that references ASX:CRS, newest first.

Caprice Resources Intersects High-Grade Gold Mineralization at Western Australia Project

Caprice Resources (ASX:CRS) Caprice Resources intersected gold mineralization in multiple areas, including Vadrians, Baxter, Golconda, and newly recognised mafic-hosted quartz veins at its Island gold project in Western Australia, according to a Monday Australian bourse filing.The results were up to seven meters at 15.4 grams per tonne gold from 268 meters at Vadrians and seven meters at 10 g/t gold from 119 meters at Baxter, with the results reinforcing confidence that the mineralized footprint extends well beyond the original Vadrians discovery and is developing into a broader gold mineral system.The company's shares fell 2% in recent Monday trade.

ASX:CRS

Asia44d ago

Caprice Resources Completes Nearly AU$3 Million Western Australia Project Deal With Maverick Minerals

Caprice Resources (ASX:CRS) has completed its transaction with Maverick Minerals Australia (ASX:M96), under which Maverick has acquired a 75% interest in the West Arunta project in Western Australia, according to a Friday Australian bourse filing.The deal has a total value of AU$2.9 million, consisting of AU$2.7 million in cash paid at completion and AU$190,000 in deferred equity, which will be issued when on-ground exploration begins, per the filing.The company holds AU$13.8 million in cash as of March 31, supported by recent proceeds, enabling continued exploration and drilling at its Murchison gold projects toward delivering a maiden mineral resource estimate within the year, the filing said.Caprice Resources retains a 15% interest in the group one tenements and a 25% interest in the group two tenements following completion, together with a free-carried interest through to decision to mine, the filing added.

ASX:CRSASX:M96

Asia61d ago

Caprice Resources Says Western Australia Deposit Metallurgical Testing Confirms Amenability to Gravity, Carbon-in-Leach Processing

Caprice Resources (ASX:CRS) said results of initial metallurgical testing undertaken on the Vadrians deposit at its Island gold project in Western Australia confirmed the gold mineralization is highly amenable to conventional gravity and carbon-in-leach processing, according to a Tuesday Australian bourse filing.A representative high-grade fresh mineralization composite sample returned overall gold recoveries of 94% at a normal grind size with rapid leach kinetics and moderate reagent consumption, with recoveries of 92% still present at a coarser grind.Gravity gold recoveries exceeding 33% support the future potential for a simple, low-cost processing route.

ASX:CRS

Asia102d ago

Caprice Resources Says Drilling at Western Australia Gold Project Encounters Shallow Mineralization; Shares Jump 47%

Caprice Resources (ASX:CRS) says drilling encountered shallow gold mineralization from ongoing drilling and defined a new high-grade zone located around 120 meters parallel to the primary Vadrians lode at the Island gold project in Western Australia, according to a Wednesday Australian bourse filing.This included the highest grade intercept at the project to-date of 22 meters at 66.2 grams per tonne (g/t) grade of gold, including 8 meters at 181 g/t grade of gold from just 42 meters downhole, per the filing. Immediate follow-up of this intercept is being planned, with drilling expected to restart next week.The company's shares jumped 47% in recent trading on Wednesday.

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