Assay TV catches up with Tom Pickett, executive chairman of Cannindah Resources Limited (ASX: CAE) an ASX-listed exploration and resource development company with a focus on copper and gold.
Cannindah is focused on advancing its flagship Mt Cannindah project where, Tom informs us, the company has recently completed drilling in hole 14, which has reportedly confirmed thick 182m copper mineralization in the opposite direction to previously drilled holes 9 and 11. Assays from hole 14 include 132m @ 0.98% Cu,0.24g/t Au, 16.1g/t Ag (1.25 % CuEq) 147m-279m.
Tom also informs us that the company has currently drilled around 130m of hole 17, with assay results still pending.
Website: cannindah.com.au
Primary ticker: ASX:CAE
Stages of development: Exploration, Development
Commodities: Copper, Gold
Project to promote: Mt Cannindah
Project Location: Australia
