Castillo Copper: Extends mineralisation at Big One Deposit

Castillo Copper Extends mineralisation at Big One Deposit

  • Castillo Copper (CCZ) receives latest assay results from the Big One Deposit within the Mt Oxide project in Queensland, extending the known mineralisation
  • The latest results come from the first four of 20 reverse circulation drill holes completed with best intercepts including grades up to 9.2 per cent copper
  • Castillo says the results are in line with those from the first round of drilling and are assisting the geology team in understanding the underlying system
  • Moving forward, the third campaign will include 22 drill holes targeting several prime areas
  • Shares are trading 5.56 per cent lower at 3.4 cents at 2:56pm AEST
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.

You May Also Like

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...

Cosegic Strengthens Financial Crime Expertise with Fintrail Acquisition

The acquisition enhances Cosegic's capabilities in combating financial crime.Highlights: Cosegic acquires Fintrail to enhance financial crime capabilities.The acquisition...