Newsfile Corp
12 Jun 2026, 21:40 UTC · 2h ago
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All eight deep drill holes at the Destiny property intersected high-grade gold mineralization at depths of 500m to 600m. — Successful deep drilling validates the structural model and significantly increases the potential for a larger underground resource beyond the existing open-pit estimate.
+0.60Caprock Mining will immediately commence a new 10-hole drill program to expand the Mineral Resource westward upon receiving permits in the coming weeks. — Near-term operational catalyst that indicates management confidence and a shift toward expanding the known resource base.
+0.30Latest assay results include high-grade intercepts such as 12.0 g/t Au over 1.5m and 8.32 g/t Au over 2.6m in hole DES-26-184W1. — Concrete data confirming the presence of high-grade gold, though these are individual intercepts rather than a fully defined resource.
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The company announced high-grade gold assay results that validate its structural model and increase the potential for underground resources.
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