Cannindah Resources targets copper-gold "GAP" zone

Cannindah Resources (ASX: CAE) has launched a high-stakes resource expansionary drilling program at its flagship Cannindah Breccia Copper-Gold Project.

The campaign specifically targets a 275-meter long "GAP" zone, a high-potential sector identified following a successful 2025 program.

The zone is strategically located within the existing 14.5Mt at 1.09% CuEq mineral resource estimate and represents a significant opportunity to "upsize" the project’s current value.

The "GAP" exists largely due to historical drilling limitations and sub-optimal orientations that failed to test the high-grade footwall structures.

However, recent data has provided a compelling roadmap: drilling at the Northern end previously intersected 278m @ 1.16% CuEq, while the Southern end recently yielded 60m @ 1.94% CuEq.

To capitalise on this momentum, the company has planned an initial 12-hole, 3,000-meter program.

Upon completion, Cannindah intends to leverage the data to provide a comprehensive update to the project's MRE.

Further signaling aggressive growth, the company has secured a second rig to begin work at the Southern Porphyry Copper Gold Target within the month.

This follows an intersection of 28m @ 1.15% CuEq, which geologists interpret as the outer halo of a high-grade pencil porphyry system.

Managing Director Cameron Switzer noted that these developments represent a "tremendous opportunity" to expand the resource, positioning Cannindah for a transformative year in 2026.

At the time of reporting, Cannindah Resources’ share price was $0.051.