• Phase 4 drilling extends Vadrians to over 1,000m strike and 400m depth
• New high-grade quartz reef discovery in Vadrians footwall
• Significant new gold intersections up to 9m at 7.3 g/t

Caprice Resources Ltd (ASX: CRS) is pleased to report further reverse circulation (RC) and diamond drilling results from the Island Gold Project (IGP). RC hole 25IGRC091 intersected 9m at 7.3 g/t gold from 148m downhole at the northern end of the Vadrians system, delivering a significant extension of +80m to the emerging high-grade gold lode. This adds significant strike to the growing higher-grade core situated within the broader Vadrians system which is now defined over 1,000m of strike to a depth of approximately 400 metres. Vadrians remains open in most directions, highlighting the continued scale and growth of this high-grade gold system. Other significant results include 7m at 5.1 g/t gold from 297m in 25IGRC097D and 3.5m at 6.7 g/t gold from 243m in 25IGRC096D. A new adjacent high-grade quartz reef discovery has also been identified in the Vadrians footwall, opening up an additional higher grade growth target. The Phase 4 drilling programme is now complete, with assays pending for five diamond holes and 160 air core holes. Follow up RC and diamond drilling is planned to target further extensions to the Vadrians system.

Caprice is entering a sustained period of results-driven activity, with a high volume of samples currently in the laboratory and further assay results expected throughout the March quarter. In parallel, field exploration has commenced at the Comet Project, providing an exciting opportunity to deliver additional new gold discoveries alongside the core Island Gold growth strategy.