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Caprice Resources Limited (ASX:CRS)

ALERT: Price-sensitive ASX Announcement for CRS
Current share price for CRS : $0.085 -0.018 (-17.07%)+
Announcement
Release
27 May 2026 9:22AM
Price at Release
$0.103
Full Release
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Summary
Caprice Resources Limited reports continued advancements in their Island Gold System project, locating new high-grade gold deposits across multiple zones. Results from recent drilling have identified significant gold mineralisation in areas such as New Orient and Iron Clad, supporting the potential for additional deposits outside of the main Vadrians trend. The company’s ongoing 50,000m drilling program aims to delineate a maiden Mineral Resource Estimate, bolstered by assays indicating strong depth potential beneath weathered zones. These findings solidify the Island as a multi-lode, structurally controlled system with substantial exploration potential across its broader corridor.
Key Points
  • Significant new gold intercepts identified across Island Gold System.
  • Drilling confirms high-grade gold in parallel BIF/Mafic sequences.
  • New Orient and Iron Clad show potential for additional deposits.
  • 50,000m drilling program aims to define maiden Mineral Resource Estimate.
  • Exploration model validated by cross-cutting structural shears and splays.
  • Island Gold System identified as a multi-lode, structurally controlled system.
  • Caprice aims to maximise shareholder value through new discoveries.
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.