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IN BRIEF: Castillo Copper Completes 20 Drill Holes At Big One Deposit

4th Jan 2021 21:53

Castillo Copper Ltd - Australia and Zambia focused base metal explorer - Says drilling contractor completed 20 drill holes at the Big One Deposit during fourth quarter, comprising six drill-holes for the 200 series with partial assays for visible copper.

"Having completed 20 drill holes of the current drilling campaign, the board is delighted with the potential of the Big One Deposit. With geological interpretations of historic and fresh assays suggesting a shallow, high-grade scalable copper system apparent at the Big One Deposit, the board is optimistic that 2021 will be a transformative year and that significant shareholder value can be created as the Mt Oxide Project is developed," says Managing Director Simon Paull.

Current stock price: 2.50 pence

Year-to-date change: up 47% since IPO on August 4

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Castillo Coppe.
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