Caspin Resources Ltd (ASX:CPN) CEO Greg Miles tells Proactive the company has received significant rare earth element (REE) results from reverse circulation (RC) drilling at Duchess prospect within its Mount Squires Project in Western Australia. The assays received so far point to the growing potential for a large deposit of rare earth mineralisation at Mount Squires, a region that has never seen systematic rare earths exploration. These are the first results from the company’s 4,500-metre RC program in June that tested several REE, gold, nickel and copper targets across the project, with results pending from a majority of the drilling.
Caspin Resources sees potential for large REE deposit at Mount Squires
