Latest Caspin Resources (ASX:CPN) News

Caspin Resources has revealed significant extensions and new high-grade tin zones at its Bygoo Tin Project in NSW, highlighting the project's growing scale and potential.

Caspin Resources has successfully completed the first tranche of a $2.1 million capital raise, issuing over 34 million shares to institutional and sophisticated investors. The company now awaits shareholder approval to complete the remaining funding, underpinning its exploration ambitions across three promising Australian projects.

Caspin Resources has raised $2.1 million through a two-tranche equity placement to fund ongoing exploration at its promising Bygoo Tin Project, following encouraging high-grade drill results. The capital raise underscores strong investor confidence as further assay and metallurgical results are anticipated soon.

Caspin Resources has delivered exceptional high-grade tin results from its maiden drilling at the Bygoo North Prospect, confirming a large-scale mineralised system with significant growth potential. Concurrently, metallurgical test work advances at Mount Squires for rare earth extraction.

Caspin Resources has commenced its first reverse circulation drilling campaign at the Bygoo Tin Project in NSW, aiming to confirm and extend high-grade tin mineralisation. Initial results are expected by mid-March, marking a pivotal step in unlocking the project’s potential.

Caspin Resources is set to launch its maiden drilling campaign at the Bygoo Tin Project in New South Wales, aiming to build on promising high-grade tin intercepts and unlock a potentially large-scale tin province.

Caspin Resources has completed its acquisition of the Bygoo Tin Project in NSW and is set to begin a significant drilling campaign, backed by a recent $1.6 million capital raise.