High-Grade Gold Growth Continues Across Island Gold System
| Stock | Caprice Resources Ltd (CRS.ASX) |
|---|---|
| Release Time | 27 May 2026, 9:22 a.m. |
| Price Sensitive | Yes |
Caprice Resources Reports High-Grade Gold Intercepts at Island Gold System
- New high-grade gold intercepts reported across multiple structures
- Ongoing exploration validates potential for additional deposits
- Focus on defining orientation and continuity of bonanza-grade mineralisation
Caprice Resources Ltd (ASX: CRS) reports further high-grade gold intercepts across the Island Gold System, indicating the potential for additional deposits outside the Vadrians trend. New results include 12m at 3.0 g/t gold from 118m downhole in 26IGRC015, 10m at 2.6 g/t gold from 62m downhole in 26IGRC022, and 5m at 3.2 g/t gold from 100m downhole in 26IGRC024. These results support the interpretation of the Island as a growing, multi-lode, structurally controlled gold system. The ongoing 50,000m drilling program aims to determine the orientation, strike, and depth continuity of the mineralisation and contribute to a maiden Mineral Resource Estimate.
Caprice Resources expects ongoing drilling to provide further information on the continuity, geometry, and controls of mineralisation across the Island Gold System, contributing to the definition of a maiden Mineral Resource Estimate.