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Caspin Resources Limited (ASX:CPN)

ALERT: Price-sensitive ASX Announcement for CPN
Current share price for CPN : $0.095 0.007 (7.95%)+
Announcement
Release
8 Jul 2026 8:23AM
Price at Release
$0.088
Full Release
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Summary
Caspin Resources Limited announced a significant high-grade tin intersection at the Kelpie Deposit, part of the Bygoo Tin Project in New South Wales. The drilling program revealed a notable intersection of 20 meters at 2.11% tin from a depth of 107 meters, marking the highest-grade intersection reported by the company to date. This discovery is in the newly identified Errol’s Zone, which lies outside the current resource estimate and suggests substantial potential for resource growth. The tin prices holding at high levels underscore the value of this intersection. The company plans further exploration, with assays from additional drill holes pending.
Key Points
  • High-grade tin intersection of 20m at 2.11% Sn at Kelpie
  • Discovery located in Errol’s Zone outside current resource
  • Potential for significant resource growth
  • Tin price increases value of intersection
  • Further drilling results pending
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.