#ResourceExpansion

[colitco]

Caprice Resources December 2024 Quarterly Activities Report: Advancing Gold and Copper Exploration Projects

Caprice Resources (ASX: CRS) is pleased to provide its December 2024 Quarterly Activities Report, featuring key progress on its gold and copper exploration projects.

Key Highlights:

🔶 Gold Development Focus – Murchison Goldfields

Island Gold Project: Exploration Target generated for New Orient Gold Mine and Island Gold Mine on granted Mining Leases. Historical production of 54,000 ounces of gold at 43.2g/t gold.

RC Drilling Program: A 5,000m reverse circulation drilling program commenced mid-December 2024 to explore gold mineralisation along strike and at depth.

Previous significant drill intercepts include:

24m at 6.8g/t Au from 24m, including 4m at 19.0g/t Au

10m at 16.1g/t Au from 104m, including 6m at 26.1g/t Au

5m at 18.0g/t Au from 78m, including 1m at 85.1g/t Au

🔶 Cuddingwarra Project

Ground truthing of 10 high-priority gold targets identified from aeromagnetic surveys revealed visible gold at CUD-GPX01.

Extensive quartz reefs found, similar to high-grade Murchison gold deposits such as Ramelius Resources’ Hill 50.

10km of prospective strike in the Cuddingwarra mineralised greenstone corridor.

🔶 West Arunta Project – World-Class Discovery Potential

Expansion to ~2,000km² via acquisition of Rio Tinto tenement.

Planned expanded aerial magnetic survey to further generate exploration targets.

Land Access Agreement signed with Tjamu Tjamu (RNTBC).

🔶 Successful Capital Raise

Raised $2.5 million through a strongly supported placement to fund discovery programmes.

Investor Outlook:

Caprice Resources, with a share price of $0.02, is advancing significantly with its gold and copper exploration projects. With strategic expansions in the Murchison Goldfields and West Arunta regions, and a commitment to further exploration and development, Caprice is well-positioned to deliver substantial growth in 2025. The Company’s ongoing drilling programs, increased ground holdings, and investor-backed funding enhance its prospects for strong returns in the near future.

Read More - https://api.investi.com.au/api/announcements/crs/f54ec48e-674.pdf

Disclaimer: This is not investment advice. Please do your own research before making any investment decisions.

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[colitco]

📢 Terra Metals Limited (ASX: TM1) Takes Major Step Forward with Dante Project Expansion! 🌍🔥

Terra Metals has secured an option to acquire a 618km² tenement package adjacent to its flagship Dante Cu-Au-PGM-Ti-V Project in Western Australia, almost doubling its tenement holding in the West Musgrave region.

🔹 Key Highlights:

✅ Extensions of the Jameson Layered Intrusion, hosting high-grade polymetallic discoveries at Dante Reefs. ✅ Significant synergies in logistics, manpower, and native title agreements with the same Traditional Owners. ✅ Consolidated position in a globally significant critical minerals hub ahead of further exploration and appraisal drilling.

📣 Managing Director & CEO, Thomas Line:

"This strategic expansion builds on our strong momentum in the West Musgrave region. We’ve achieved major milestones, including two large discoveries, over 18,000m drilled, secured EIS grants, and raised over $8M for exploration. The 12-month option allows us to unlock even greater value at Dante."

Investor Outlook:

Terra Metals Limited (ASX: TM1) is currently trading at $0.033 per share, with no change in price during the session and a market capitalisation of $13.11 million. The company’s continued focus on exploration and resource expansion positions it as a promising opportunity in Australia’s critical minerals sector.

Terra Metals (ASX: TM1) continues to lead the way in developing Australia’s critical minerals frontier! 🚀

This is not investment advice, please do your own research for any investment decisions.

Read More - https://app.sharelinktechnologies.com/announcement/asx/1107c2547ec3fb17039f2d336d2dabb4