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Caprice Resources Limited (ASX:CRS)

ALERT: Price-sensitive ASX Announcement for CRS
Current share price for CRS : $0.085 -0.001 (-1.16%)+
Announcement
Release
30 Jul 2026 2:41PM
Price at Release
$0.086
Full Release
download
Summary
Caprice Resources Limited reported its activities for the quarter ending 30 June 2026, focusing on its Island Gold Project in Murchison, Western Australia. The company undertook a significant 50,000-meter drilling program, emphasizing the Vadrians lode and related structures, discovering new high-grade gold mineralization and extending known mineralized areas. Initial metallurgical tests demonstrated excellent gold recovery rates of up to 94%. Additionally, Caprice divested a 75% interest in the Chobe Project for up to A$2.89 million, retaining a minority interest. The Appendix 5B Cash Flow Report revealed total expenditures of A$2.51 million on exploration and project activities, with cash equivalents of A$10.81 million at quarter-end.
Key Points
  • Quarterly focus on Island Gold Project with 50,000m drilling program
  • New high-grade gold mineralization identified near Vadrians
  • Excellent gold recovery rates of up to 94% from metallurgical tests
  • Divestment of 75% interest in Chobe Project for A$2.89 million
  • Total expenditure of A$2.51 million on exploration activities
  • Cash equivalents at quarter-end of A$10.81 million
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.