Caspin Resources (ASX: CPN) has commenced the company’s maiden RC drilling programme at its 100% owned Bygoo Tin project in New South Wales.
Previous drilling at the Bygoo North Prospect has defined at least five separate lodes of tin mineralisation with some of the best holes returning intercepts such as 35m @ 2.10% Sn from 43m (BNRC011) and 35m @ 1.71% Sn from 94m (BNRC085).
The most recent discoveries have been high-grade, but also steeply dipping, indicating older generations of shallow, vertical drilling was ineffective. The company aims to test the continuity and extensions of high-grade mineralisation at several of the mineralised lodes.
More specifically, the program will aim to:
- •Test continuity of high-grade mineralisation at the Main Lode which hosts some of the best mineralisation drilled to date.
- Test the extensions and continuity of a potential new lode north of the P380 lode.
- Test the eastern extension of the Smith Lode, approximately 300m south of the main workings. Previous intercept of 25m @ 0.49% Sn from 60m in BNRC087, the last hole to be drilled at the prospect.
- Test for extensions of the Stewart Lode which is effectively only drilled on a single section and open to the north. Previous drilling has returned 25m @ 0.91% Sn from 61m, including 4m @ 1.72% Sn from 65m (BNRC0781) and 37m @ 0.63% Sn from 74m including 4m @ 1.69% Sn from 88m (BNRC0691).
- Test a RAB bottom of hole geochemical anomaly, with a peak of 0.14% Sn2, and beneath historical workings (never drill tested) which appear to be the northern extensions of the Stewart Lode, with potential strike of at least 400m.
The programme will comprise approximately 1,500m and take 10-14 days to complete with initial results due from the middle of March.
