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Cannindah Resources Advances Mt Cannindah with $5M Raise and Drilling Progress
4:39pm on Friday 31st of January, 2025 AEDT
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Mining
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Cannindah Resources Advances Mt Cannindah with $5M Raise and Drilling Progress
4:39pm on Friday 31st of January, 2025 AEDT
Key Points
$5 million placement completed in October 2024
Drilling initiated at Mt Cannindah with hole 24 reaching 400m depth
Significant mineral resource upgrade announced in July 2024
Induced Polarisation geophysical modelling highlights extensive anomalies beyond current resource
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