Cassini Resources Ltd

Cassini Resources drills second significant nickel copper intersection at Yappsu

Broad mineralised assays from new diamond hole CZD0079 follow up CZD0076B's success.

diamond drill rig
New geological interpretation has identified new targets, drilling now recommenced

Cassini Resources Ltd (ASX:CZI) has drilled an 80-meter zone of nickel-copper sulphide mineralisation at the Yappsu Prospect within the West Musgrave Project in Western Australia.

This is the second significant intersection assayed in recent diamond drilling at Yappsu.

Within the broader 80-meter intersection, 5.75 metres at 0.28% nickel, 0.63% copper, 0.01% cobalt, 0.30 g/t PGEs and 0.15 g/t gold from 545 metres was intersected.

A broader zone also featured of 70.25 metres at 0.48% nickel, 0.44% copper, 0.02% cobalt, 0.34 g/t PGEs and 0.08 g/t gold from 555.05 metres.

READ: Cassini Resources confirms broad nickel sulphide mineralisation at Yappsu

Drilling is funded as part of the earn-in agreement with Oz Minerals Ltd (ASX:OZL).

The thickness, grades and continuity of massive sulphide mineralisation, which has been intersected in almost every hole at Yappsu drilled to date is positive.

It indicates the overall potential for the system to host additional significant accumulations of massive nickel sulphides.

Drilling recommenced at Yappsu

Drilling has now re-commenced at Yappsu to identify up-plunge and down-plunge extensions of the host intrusion.

A minimum of three holes will be drilled with results expected early in the December quarter.

READ: Cassini Resources in a sweet spot as it focuses on nickel-copper with OZ Minerals

Quick facts: Cassini Resources Ltd

Price: $0.09

Market: ASX
Market Cap: $36.98 m

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on 18/6/19

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