Cannindah Resources Limited (ASX:CAE) has now received laboratory results which confirm earlier observations of a significant zone of copper, gold and silver bearing hydrothermal breccia intersected in CAE hole # 19.
Cannindah Resources Limited (ASX:CAE) is reporting preliminary results of CAE hole # 19 at Mt Cannindah, where a significant zone of copper bearing hydrothermal breccia has been intersected.
Cannindah Resources Limited (ASX:CAE) is pleased to announce the next set of completed assay results from the drilling program currently underway at Mt Cannindah, copper gold silver project south of Gladstone.
While recent drilling by Cannindah Resources Limited (ASX:CAE) has encountered significant intercepts of copper, the emphasis on the amount of gold and silver also being encountered should not be overlooked.
The Board of Cannindah Resources Limited (ASX:CAE) is pleased to announce the receipt of commitments from sophisticated and professional investors to raise $2.75 million in a placement of 13.75 million shares at an issue price of $0.20 per share.