Latest Castile Resources (Asx:Cst) News

Castile Resources has reported substantial increases in gold, copper, and bismuth resources at its Rover 1 Project, while advancing plans for refined bismuth production amid tightening global supply due to Chinese export controls.

Castile Resources has significantly increased its Mineral Resource Estimate for the Rover 1 Project, reflecting higher gold, copper, bismuth, and cobalt prices. This update enhances the project's scale and potential revenue streams as it advances through its Bankable Feasibility Study.

Castile Resources has addressed a recent spike in its share price and trading volume, attributing the movement to rising metal prices and progress on its flagship mining project.

Castile Resources has integrated bismuth as a by-product into its Rover 1 Bankable Feasibility Study following China’s export restrictions, positioning itself as a key supplier amid global supply shocks. The company also advances exploration with innovative technology and secures strategic partnerships in critical mineral supply chains.

Castile Resources has successfully detected Iron Ore, Copper, and Gold mineralisation at Pathfinder 38 using innovative Ambient Noise Tomography Survey technology, marking a first in exploration targeting. This breakthrough could redefine the company’s strategy to expand its Rover 1 style deposits.

Castile Resources has added critical mineral bismuth as a by-product to its Rover 1 Bankable Feasibility Study, leveraging a dramatic price surge driven by Chinese export restrictions.

Castile Resources has validated a cutting-edge seismic method to pinpoint ironstone orebodies, setting the stage for a major drilling campaign and a robust Bankable Feasibility Study backed by a $4.1 million capital raise.