Cannindah Resources expands Queensland copper-gold exploration with significant upside potential. The company is increasing its drilling program by 17 additional holes at the Cannindah Breccia deposit after positive recent results. Current resource stands at 14.5 million tonnes at 1.09 percent copper equivalent. Management identified multiple growth avenues including incomplete historical assay data that could upgrade the mineral resource estimate. The Southern Shoot remains open and is considered a key growth driver. An expanded 550-meter southern extension zone presents substantial upside potential. An updated MRE will be released following completion of the current drill program. The fertile fault zone demonstrates over four kilometers of mapped strike with numerous under-explored historical mineral occurrences.
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