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Cannindah Raises $4.5M, Unveils New High-Grade Porphyry Target at Mt Cannindah
1:31pm on Friday 24th of October, 2025 AEDT
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Mining
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Cannindah Raises $4.5M, Unveils New High-Grade Porphyry Target at Mt Cannindah
1:31pm on Friday 24th of October, 2025 AEDT
Key Points
Completed $4.5 million fully underwritten entitlement offer
Discovered new high-grade pencil porphyry target with trench results up to 61m @ 1.08% CuEq
Commenced a 6,000m drilling program targeting resource extensions and new porphyry zones
Identified potential 300m southern and 200m northern extensions to Cannindah Breccia resource
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