Cannindah Resources commences major diamond drilling program

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Cannindah Resources commences major diamond drilling program
Cannindah Resources commences major diamond drilling program
Jon Cuthbert
Written by Jon Cuthbert
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Cannindah Resources (ASX:CAE) has commenced a diamond drilling program at its Southern Porphyry copper-gold target.

The announcement details a minimum 10,000-metre technical campaign designed to test high-priority zones within a massive 2,000-metre-long mineralised system.

The program has kicked off with the re-entry and extension of drill hole 25CRC016.

The specific hole previously delivered a high-grade intersection of 28m at 1.15% copper equivalent before ending in mineralisation, suggesting that the drill has only just scratched the surface of a significant porphyry system.

Operations will initially focus on the eastern 700-metre section of the target, with the technical capacity to reach depths exceeding 1,200m per hole.

The diamond drilling follows successful 2025 reverse circulation results that identified critical vectors for copper-gold enrichment, including increasing grades and the presence of gold-bearing intrusive dykes.

Parallel to this, surface exploration has resumed on the western portion of the Southern Target to investigate anomalous IP signatures.

Beyond the Southern Porphyry, the company continues its resource expansion efforts at the Mt Cannindah Breccia, where 12 RC holes have already been completed as part of an ongoing mineral resource estimate update.

At the time of reporting, Cannindah Resources' share price was $0.031.

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