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Cannindah Resources Advances Mt Cannindah with $5M Raise and Drilling Progress
6:00pm on Sunday 1st of June, 2025 AEST
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Mining
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Cannindah Resources Advances Mt Cannindah with $5M Raise and Drilling Progress
6:00pm on Sunday 1st of June, 2025 AEST
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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Cannindah Resources (ASX:CAE)
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