Cannindah Resources Reports Exceptional Copper-Gold Intersection at Mt Cannindah

Cannindah Resources Limited (ASX: CAE) has announced impressive results from the initial drill hole of its latest drilling program at the Mt Cannindah Copper-Gold Project in Queensland, significantly extending mineralisation beyond existing resource estimates.

Key Highlights:

• Hole CAE2024 intersected:

  • 71 metres at 0.95% Copper Equivalent (CuEq) from 127m, including 20m at 1.1% copper and 0.28g/t gold.

  • Within a broader intersection of 274 metres at 0.49% CuEq from 82m.

  • High-grade gold intercepts including 1 metre at 31.07 g/t Au from 464m and 1 metre at 5.14 g/t Au from 338m.

• The drilling extends known mineralisation, confirming continuity and filling data gaps between previously drilled high-grade zones.

• Drilling targets major IP anomalies near the current Mineral Resource Estimate (MRE) of 14.5Mt at 1.09% CuEq.

Managing Director Tom Pickett stated, "These outstanding results further highlight the potential of the Cannindah Mineral System, with significant copper and gold intersections reinforcing the system's substantial upside potential."

Further drilling at Mt Cannindah is planned, focusing on promising IP anomalies and expanding known high-grade zones.

For more information, visit www.cannindah.com.au.