Category: Gold
Kalkine Media Interview with MD Tom Pickett on Copper Resource Surge and Plans (July 2024)
Watch Full Interview Here:
Kalkine Media Cannindah Resources Abundant opportunity at Mt Cannindah amid gold rush (March 2024)
In the midst of a resurging gold rush, Cannindah Resources Limited (ASX:CAE) is eyeing to redefine the landscape of mineral exploration. The current surge in gold prices, reaching impressive highs above AU$2150 per ounce, has not only sparked investor enthusiasm but has also unveiled a golden opportunity at the company’s flagship Mt Cannindah project.
This article delves into the promising developments that position CAE to tap the opportunities arising.
Positive Movements in Gold Prices:
Over the past week, the gold market has witnessed positive movements, with spot gold prices scaling new heights. Investors are keenly aware of the lucrative nature of gold, especially during times of political and financial uncertainty. As discussions about potential interest rate cuts unfold in the US, the reliability of gold as a store of value comes into sharper focus, creating a favourable backdrop for explorers like CAE.
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Kalkine Media – CAE makes high-grade discoveries at Mt Cannindah in November 2023
ASX-listed Cannindah Resources Limited (ASX:CAE) recently released its activities report for the three month-period ended 30 September 2023. The quarter was marked with significant progress at CAE’s high-quality assets including Mt Cannindah and Piccadilly.
During the reported period, the company raised AU$1,610,000 through a share purchase plan and a placement during the quarter. To know more, click here.
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Noosa Mining Conference Presentation 2023
Noosa Mining Conference Presentation
Tom Pickett Noosa Mining Presentation
AFR x CAE – Copper, gold underpin Cannindah push
Copper, gold underpin Cannindah push
ABN Newswire Interview with Executive Chairman Tom Pickett on Recent Drilling
Cannindah Resources Ltd (ASX:CAE) Executive Chairman Tom Pickett is interviewed by ABN Newswire on the recent results from the Mt Cannindah project in Queensland where completion of drill holes 15 and 16 along with assay data has been made available.
Mr Pickett outlines the history of the copper results to date, and the upcoming program with the completion of holes 17 and 18. The company looks to complete 23 drill holes on its 9 mining leases and 2 EPM areas in the short term with results to be released as they are acquired.
The Mt Cannindah project is 100 kilometres south of the Port of Gladstone and has access to infrastructure by haul road “at the gate”.
With a resource that boasts copper and gold from surface to many hundreds of metres, this is a resource that just keeps getting bigger. The current program is looking to extend the resource to the South, and results from the latest drilling will be made available in the coming weeks.