#AustralianStocks

[colitco]

🚀 Caprice Resources Resumes Drilling at Island Gold Project – Unlocking High-Grade Potential! ⛏️✨

Exciting news from Caprice Resources (ASX: CRS)! The company has restarted its 5,000m drilling campaign at the Island Gold Project (IGP) in the Murchison Gold Fields, WA, aiming to extend high-grade gold mineralisation and define new resource potential.

🔹 Drilling Update:

✅ 1,554m drilled in December – assays expected by mid-February ✅ 30 RC drill holes (~3,500m) targeted for completion this month

🔹 Resource Growth on Track:

✅ Maiden Mineral Resource Estimate (MRE) expected H2 FY2025 ✅ New Orient Gold Mine & Baxter/Golconda MRE due Q1 2025

🔹 Strategic Location & High-Grade Potential:

✅ Adjacent to Ramelius Resources’ Break of Day deposit (327koz @ 10.4g/t Au) ✅ Historical production: 54,000oz at 43.2g/t gold ✅ Recent intercepts include:

24m @ 6.8g/t (including 4m @ 19.0g/t)

10m @ 16.1g/t (including 6m @ 26.1g/t)

5m @ 18.0g/t (including 1m @ 85.1g/t)

🔹 Murchison Gold Strategy:

Caprice is advancing its three-pillar growth strategy, targeting: 1️⃣ Discovery-focused exploration at Cuddingwarra 2️⃣ Resource growth at Island Gold 3️⃣ Project development at New Orient Gold Mine

Management Commentary

📢 CEO, Luke Cox, commented: "In December we completed approximately 1,550 metres of our planned 5,000 metre drill programme, with the initial focus on targets around Baxter, Golconda and Vadrian gold mineralisation. All drill holes successfully intersected the gold mineralisation structural targets and assay results are expected soon. Our 3D resource modelling is advancing well, and we’re excited about the high-grade potential within our Murchison Gold Project as we head into 2025."

Investor Outlook: Strong Gold Market, Growth Opportunity Ahead 📈💰

With gold prices holding firm and increased investor demand for high-grade, near-surface deposits, Caprice is well-positioned to deliver value growth. The Murchison region’s +15Moz gold endowment and proximity to major processing facilities provide a clear path to development.

Caprice Resources (ASX: CRS) is currently priced at $0.02, offering a promising entry point as exploration and resource growth continue to advance.

📢 Read More: https://api.investi.com.au/api/announcements/crs/d86711fe-5ab.pdf

Disclaimer: This is not investment advice; please do your own research for any investment decisions.

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Discover ASX High Growth Stocks Reaching New Heights

Explore the latest ASX high growth companies hitting their 52-week highs. From tech innovators to resource giants, see which sectors are driving strong performance in the Australian market. Stay informed on top performers shaping the future of the stock exchange.

[colitco]

🚀 Caprice Resources: Advancing Gold & Niobium Exploration in WA! 🏆✨

Caprice Resources Ltd (ASX: CRS) is making bold strides in Western Australia's Murchison Goldfields and West Arunta region, focusing on gold, copper, and niobium. With a revised strategy prioritising gold exploration and a strong financial position, Caprice is gearing up for a promising 2025! 💎📈

🔥 Key Highlights:

✅ Gold-Focused Strategy: Caprice prioritises gold exploration in the Murchison Goldfields while advancing copper & niobium projects in West Arunta. 🏅🔍 ✅ Island Gold Project (IGP): A 5,000m RC drilling program has begun! Previous drilling delivered high-grade gold hits, including: 📌 24m @ 6.8g/t Au from 24m (inc. 4m @ 19.0g/t) 📌 10m @ 16.1g/t Au from 104m (inc. 6m @ 26.1g/t) 📌 5m @ 18.0g/t Au from 78m (inc. 1m @ 85.1g/t) ✅ Cuddingwarra Gold Project: Visible gold found in quartz reefs along a 10km mineralised corridor—a significant breakthrough! 🏆✨ ✅ West Arunta Expansion: Caprice acquired 430km² from Rio Tinto, signed a Land Access Agreement, and is conducting geophysical surveys to uncover hidden mineral deposits. 🌎🔬 ✅ $2.5M Capital Raise: Strong investor support ensures continued exploration & drilling progress! 💰📊

💡 Investor’s Outlook:

With an aggressive exploration strategy, high-grade gold finds, and a growing footprint in key mining regions, Caprice Resources presents an exciting opportunity. The gold market is bullish, and Caprice’s focus on scalable, high-value assets positions it well for future growth! The share price of the Company stood at $0.020 with a market capitalisation of $8.86 million as of February 1st, 2025.

📌 Read the Editorial Here: https://colitco.com/caprice-resources-december-2024-quarterly-update/

⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice. Do your own research before making investment decisions.

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