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Cassini Resources has "solid development project" and "significant" exploration targets

Last updated: 09:01 11 May 2018 AEST, First published: 09:01 09 May 2018 AEST

Cassini Resources Ltd (ASX:CZI) managing director Richard Bevan tells Proactive Investors that the base and precious metals explorer and developer now has, "a really solid development project with a great portfolio of exploration assets."

Bevan explains, "the way that this year has been structured is that the development activity will continue in the background with some very key milestones over the next six to nine months; but there's a lot of exploration work coming up."

The flagship West Musgrave Project under JV with Oz Minerals is "very much entrenched in the pre-feasibility stage. The site and field works are underway, we've got in excess of 30 people on-site out there,  four drill rigs, currently we're doing a lot of work around collecting metallurgy samples and the resource drill out. But very soon the drilling program will also start to focus on our exploration targets in that project,” says Bevan.

A drill program is being designed for the Yarawindah Brook Nickel-Copper-Cobalt Project on the back of electromagnetic (EM) survey work. Similarly, a June drill program for the West Arunta Zinc Project will be finalised once results from an airborne EM survey there are released next week. Cassini is looking at deploying drill rigs at the Mount Squires Gold Project in the later half of this year.

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