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Cannindah Resources delivers globally recognised intercept as it continues drilling

Cannindah Resources delivers globally recognised intercept as it continues drilling

Queensland-based gold-copper explorer Cannindah Resources Ltd (ASX:CAE) continues to impress with its drilling results. Chairman Tom Pickett, spoke with Proactive about the existing JORC resource for the main Mt Cannindah mine portion of the project, determined in 2011 at 5.5Mt @ 0.93% Cu., the significant intercepts found in holes seven and eight, how the company delivered one of the top intercepts globally in the last two years (Cannindah and BHP were the only Aussies on the list), and what to expect next from the company as its looks to extend its strike. Cannindah is exploring on an existing mining lease, is close to infrastructure and after raising $1 million is significantly cashed up to continue its work program.

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