Caprice Resources (ASX:CRS) commenced an aggressive follow-up reverse circulation drilling program at its Vadrians prospect, situated within the high-prospectivity Island Gold Project.
Building on the momentum of recent high-grade discoveries, this latest 5,000-meter campaign is designed to aggressively test the limits of the known mineralised lode.
The primary objective of the current RC rig—a heavy-duty Hagstrom, Schramm T685—is to explore the northern strike extensions and verify the depth continuity of the Vadrians high-grade zone.
This follows stellar previous intercepts, including 9m @ 7.3g/t gold and 10m @ 11.7g/t gold. The program will also focus on the southern depth extents down to approximately 350m.
The phase acts as a vital precursor to a deeper diamond drilling campaign scheduled to begin once the RC collars are established.
Beyond the immediate work at Vadrians, the company is in a period of high anticipation as it awaits assay results for 160 aircore holes.
The holes, drilled across a 5km mineralised BIF horizon, are expected to identify new targets that could mirror the Vadrians deposit.
Furthermore, assays for five deep diamond holes are outstanding, which will provide critical data on depth extensions.
At the time of reporting, Caprice Resources' share price was $0.085.