Assay TV catches up with Tom Pickett, executive chairman of Cannindah Resources (ASX: CAE), an Australia-based exploration and resource development company focused on copper and gold mineral exploration, evaluation, and progressing various mineral projects.
Tom informs us that Cannindah has recently received the assay results for two more drill holes, Hole 11 and Hole 12, at the company’s flagship Mt Cannindah project. Hole 11 produced total mineralized aggregate results of 64-1,086m, 1,022m @ 0.48% CuEq, and Hole 12 produced overall aggregate intersection of mineralized breccia 48-228m, 180m @ 1.03% CuEq 0.77% Cu, 0.23g/t Au, 14.9g/t Ag.
Cannindah has also completed its 13th drill hole, ‘Hole 13’ at 600m, with assay results pending, and work is ongoing at Hole 14, with 300m drilled so far.
Website: cannindah.com.au
Primary ticker: ASX:CAE
Stages of development: Exploration, Development
Commodities: Copper, Gold
Project to promote: Mt Cannindah
Project Location: Australia