Cannindah Uncovers New High-Grade Copper-Gold Zone Near Surface at Mt Cannindah
Cannindah Resources has identified a previously unrecognized high-grade copper-gold target adjacent to its Cannindah Breccia Deposit, revealing a significant exploration opportunity within a 200-250m drill data gap. Ongoing drilling at multiple targets promises further resource growth.
- Discovery of near surface high-grade copper-gold mineralisation in footwall zone
- Significant drill intercepts – 52m @ 1.18% CuEq and 120m @ 1.16% CuEq from shallow depths
- Identification of a 200-250m drill data gap offering immediate exploration potential
- Ongoing drilling at Southern and Eastern Targets with assays pending
- Current Mt Cannindah resource stands at 14.5Mt @ 1.09% CuEq with upside from structural extensions
A New Chapter in Mt Cannindah Exploration
Cannindah Resources Ltd has announced a compelling new development at its Mt Cannindah copper-gold project in Queensland. Recent drilling has uncovered a previously unrecognized, near surface high-grade copper-gold mineralised zone in the footwall of the Cannindah Breccia Deposit. This discovery not only extends the known mineralisation but also reveals a substantial 200 to 250-metre drill data gap, presenting a fresh and immediate exploration opportunity.
Significant Drill Results Highlight Potential
The standout drill intercepts include 52 metres grading 1.18% copper equivalent (CuEq) from just 30 metres depth, including a higher-grade 22 metres at 2.63% CuEq, and an impressive 120 metres at 1.16% CuEq from 30 metres, with 60 metres at 1.94% CuEq within that interval. These results demonstrate vertical continuity of mineralisation exceeding 140 metres down dip and extend the mineralised footprint at least 35 metres east beyond previous interpretations.
Implications for Resource Growth and Geological Understanding
The discovery has prompted a revised geological interpretation of the Cannindah Breccia system, highlighting structural controls that localize higher-grade mineralisation. The identification of the drill data gap between recent high-grade intercepts and the northern resource boundary suggests that previous models may have underestimated the extent and grade continuity of the deposit. Cannindah’s Interim CEO, Cameron Switzer, emphasised the value accretive potential of targeting this gap, noting the strong correlation between drill density and grade continuity.
Ongoing Drilling at Southern and Eastern Targets
Alongside the footwall target, Cannindah is advancing its drilling programs at the Southern and Eastern Targets within the Mt Cannindah project area. The Southern Target drilling is progressing well, with eight of ten planned holes completed, intersecting altered skarn and sulphide mineralisation consistent with a large geophysical anomaly. Assay results are pending, but preliminary logging supports the prospectivity of this zone. The Eastern Target drilling has returned encouraging halo intersections with favourable geology, although the significance of these results remains under evaluation.
Context Within the Mt Cannindah Project
The Mt Cannindah Project hosts a substantial mineral resource estimate of 14.5 million tonnes at 1.09% CuEq, incorporating copper, gold, silver, and molybdenum. The deposit is characterized by structurally controlled breccia, skarn, and porphyry-related mineralisation styles. Historical and recent exploration activities have progressively extended the resource footprint, and the new footwall target adds a promising dimension to this growth story. Metallurgical testwork supports the amenability of the ore to standard processing methods, enhancing the economic potential.
Looking Ahead
Cannindah plans to drill test the newly identified high-grade footwall zone early in 2026, aiming to convert this conceptual target into a defined resource. Concurrently, the company will continue advancing its Southern and Eastern Target programs, seeking to unlock further value within the broader Mt Cannindah system. The evolving geological model and expanding drill data set position Cannindah Resources as a copper-gold explorer to watch in the coming months.
Bottom Line?
Cannindah’s new high-grade footwall discovery and ongoing drilling programs set the stage for a potentially transformative resource update in 2026.
Questions in the middle?
- Will the upcoming assays from the Southern Target confirm the anticipated high-grade mineralisation?
- How will the new footwall target impact the overall resource size and grade at Mt Cannindah?
- What are the implications of the revised geological interpretation for future exploration targeting?
