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Caprice Resources Limited (ASX:CRS)

ALERT: Price-sensitive ASX Announcement for CRS
Current share price for CRS : $0.081 0.006 (8%)+
Announcement
Release
6 May 2026 8:51AM
Price at Release
$0.075
Full Release
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Summary
Caprice Resources Limited has announced significant gold mineralization results from ongoing drilling at the Island Gold Project in Western Australia's Murchison Goldfields. Notably, a standout intercept of 22 meters at 66.2 g/t gold, including 8 meters at 181 g/t gold, was discovered at a shallow depth of 42 meters downhole in a zone parallel to the Vadrians lode. This new high-grade zone, located approximately 120 meters west of the Vadrians deposit, highlights the potential for further discoveries in the region. The findings reinforce the interpretation of the Island as a multi-lode, high-grade gold system. The ongoing 50,000-meter drill program aims to define a maiden Mineral Resource Estimate, with further exploration and drilling planned to expand the high-grade domain along strike and at depth.
Key Points
  • 22m at 66.2 g/t gold intercept discovered.
  • 8m at 181 g/t gold within the same intercept.
  • Drilling located ~120m parallel to Vadrians lode.
  • Significant validation of exploration model targeting concealed high-grade gold.
  • Ongoing 50,000m drill program at Island Gold Project.
  • Potential for further discoveries in high-grade zones.
  • Expansion of high-grade domain anticipated to increase resource potential.
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.