CAD have just come off another trading halt - Announcement as follows:
HIGHLIGHTS • Exceptional assays from the first 45% of results received from Pilbara Pardoo RC Drilling Program • Significant shallow and thick Ni-Co-Cu-Pd mineralised intercepts include: o CPRC003: 64m @ 0.50% Ni (from 28m), including 14m @ 1.0% Ni (from 76m) 102m @ 0.04% Co (from 27m) 109m @ 0.15% Cu (from 24m) 63m @ 0.10g/t Pd (from 24m) o CPRC010: 45m @ 0.49% Ni (from 54m) 80m @ 0.05% Co (from 53m) 97m @ 0.22% Cu (from 35m) • The results received to date have intersected sheared, ultramafic rocks indicating a large mineralised system, open down-dip and along strike to the east and west. • The Pardoo Highway deposit is located adjacent to the sealed Great Northern Highway and 120kms from Port Hedland in the Mt Goldsworthy Region of the Pilbara, WA. • Ni mineralisation strike length currently at ~ 900 m • Co mineralisation strike length currently at ~1.25 km • Two high priority regional targets identified with PoW submitted to test higher grade Co-Pd alongside follow up resource definition drilling • Additional assays expected over the next ~2 weeks
HIGHLIGHTS • Exceptional assays from the first 45% of results received from Pilbara Pardoo RC Drilling Program • Significant shallow and thick Ni-Co-Cu-Pd mineralised intercepts include: o CPRC003: 64m @ 0.50% Ni (from 28m), including 14m @ 1.0% Ni (from 76m) 102m @ 0.04% Co (from 27m) 109m @ 0.15% Cu (from 24m) 63m @ 0.10g/t Pd (from 24m) o CPRC010: 45m @ 0.49% Ni (from 54m) 80m @ 0.05% Co (from 53m) 97m @ 0.22% Cu (from 35m) • The results received to date have intersected sheared, ultramafic rocks indicating a large mineralised system, open down-dip and along strike to the east and west. • The Pardoo Highway deposit is located adjacent to the sealed Great Northern Highway and 120kms from Port Hedland in the Mt Goldsworthy Region of the Pilbara, WA. • Ni mineralisation strike length currently at ~ 900 m • Co mineralisation strike length currently at ~1.25 km • Two high priority regional targets identified with PoW submitted to test higher grade Co-Pd alongside follow up resource definition drilling • Additional assays expected over the next ~2 weeks