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Cavalier Resources: Upgrades Crawford project MRE

Cavalier Resources Upgrades Crawford project MRE

  • Cavalier Resources (CVR) delivers a 17-per-cent increase to the mineral resource estimate (MRE) of its Crawford gold project in Western Australia
  • The project’s MRE now sits at 3.75 million tonnes at one gram per tonne (g/t) of gold for 117,800 ounces of contained gold
  • The strike length of the Crawford project resource now spans over one kilometre and remains open both along-strike and at depth
  • CVR now plans to pause work on its pre-feasibility study to allow more time to review exploration results and plan a second drilling program at Crawford
  • Shares in CavalierResources were trading at 16 cents at 3:36 pm AEDT
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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