Latest CANNINDAH RESOURCES (ASX:CAE) News

Cannindah Resources has reported significant drill results that confirm a large-scale porphyry copper-gold system at its Mt Cannindah project in Queensland, highlighting broad mineralised zones and strong geological indicators for further resource growth.

Cannindah Resources has launched a focused drilling campaign at its Cannindah Breccia deposit, aiming to unlock a high-grade ‘GAP’ zone within its existing copper-gold resource. Early results hint at significant grade improvements that could reshape the project’s economic outlook.

Cannindah Resources has successfully raised over $11 million through the first tranche of its share placement, with the second tranche awaiting shareholder approval in March 2026.

Cannindah Resources has announced a two-tranche placement raising approximately $15 million and a concurrent Share Purchase Plan offering eligible shareholders the chance to invest up to $30,000 at a discounted price. The funds will support drilling and exploration at the Mt Cannindah Copper-Gold Project.

Cannindah Resources has raised $15 million through a two-tranche placement and launched a $2 million share purchase plan to fund expanded exploration at its Mt Cannindah Copper-Gold Project.

Cannindah Resources has delivered a strong quarter with significant drill results upgrading the Mt Cannindah copper-gold project, including a new Exploration Target at the Southern Target porphyry system.

Cannindah Resources has reported significant high-grade gold and copper intersections from its first deep drilling campaign at the Mt Cannindah Southern Porphyry Target, confirming a large and fertile mineral system.

Cannindah Resources has pinpointed a promising high-grade copper-gold target in the under-drilled southern section of its Cannindah Breccia resource, with a new drilling campaign set to begin shortly.

Cannindah Resources has appointed Cameron Switzer as Managing Director and CEO, signaling a strategic push in its Mt Cannindah Copper-Gold Project. The company also sees a leadership reshuffle with the resignation of Chair Michael Hansel and appointment of Tony Rovira as Chair.

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.

Cannindah Resources has reported a standout drill intercept of 120m at 1.16% copper equivalent from near surface at its Mt Cannindah Project, confirming significant resource extensions and high-grade continuity.

Cannindah Resources has reported a significant high-grade copper-gold intersection from its first step-out drillhole at the Mt Cannindah project, confirming structural controls and expanding the known mineralised zone.