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Caspin Resources Limited (ASX:CPN)

ALERT: Price-sensitive ASX Announcement for CPN
Current share price for CPN : $0.135 0.03 (28.57%)+
Announcement
Release
29 Jul 2026 9:33AM
Price at Release
$0.105
Full Release
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Summary
Caspin Resources Limited has announced further high-grade tin intersections at the Kelpie Deposit, with standout results including 3 meters at 9.32% Sn from a depth of 193 meters (BRC061). These findings from the Errol’s Zone, part of the company's Bygoo Tin Project in New South Wales, suggest significant resource growth potential. The high-grade results are from new drilling outside the currently estimated resource of 19,300 tonnes of contained tin. Caspin plans to conduct further exploration, including diamond drilling, to test extensions of the deposit and gather structural information. The project is strategically significant due to tin's high market value and its critical role in technology and electrification sectors.
Key Points
  • High-grade tin intersections at Kelpie, including 3m @ 9.32% Sn
  • Results from Errol’s Zone suggest significant resource growth potential
  • Current resource estimate: 19,300 tonnes of contained tin
  • Further exploration planned, including diamond drilling
  • Tin's high market value and strategic importance in technology sectors
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.