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Cassini Resources spins drill at new zinc targets

Drilling will occur alongside the ongoing pre-feasibility study at the West Musgrave Project.

map showing project location in Western Australia
Drill results are expected in about six weeks

Cassini Resources Ltd (ASX:CZI) has commenced 2,000-metres of reverse circulation (RC) drilling at its 100% owned West Arunta Zinc Project in northern Western Australia.

Drilling will test new undrilled sedimentary zinc targets at the Janus and Mimas prospects.

The targets were generated from airborne electromagnetic and gravity surveys as well as soil geochemistry exploration.

READ: Cassini Resources discovers extension body at Nebo deposit

Cassini’s managing director Richard Bevan said: “Our West Musgrave Joint Venture has had several recent successes with new discoveries at Nebo, Babel and Yappsu.

“The pre-feasibility study is well on track and we look to provide further updates on this shortly.

“Now we’ve commenced a drill program to look for a new zinc province in one of the last mineral frontiers in Australia.

Results expected in around six weeks

“Our strategy is to provide our shareholders exposure to both short-term exploration success and the medium-term development of a nickel-copper-cobalt sulphide project, timed perfectly to capture rising battery metal demand.

“We look forward to providing results in approximately 6 weeks.”

Quick facts: Cassini Resources Ltd

Price: 0.1825 AUD

Market: ASX
Market Cap: $78.07 m

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