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Cadan Resources Updates on T'Boli Gold-Silver Mine

Cadan Resources has unveiled an update about the underground progression of its T'Boli gold-silver mine.

The south crosscut from the progressing east decline has partly breached the 40 m broad South Vein alteration system and has cut 8.2 g/t gold over an initial 8.6 m. the company has returned 134.0 g/t gold over 1.25 m, 28.1 g/t gold over 1.7 m, 21.5 g/t gold over 1.0 m, 14.5 g/t gold over 1.85 m, 12.7 g/t gold over 1.6 m and 6.1 g/t gold over 2.1 m from the development drive sampling.

As the entire south crosscut reveals the 40 m thickness of the South Vein alteration system, additional vein layers will be cut. Potential alteration system is identified to be present nearly 70 m further south. This alteration system will be analyzed using underground drilling.

The company has started a main underground drilling program using two drill rigs to improve the present resource categories and to extend the resource envelope. It has completed drilling the initial hole and has cut several mineralized zones. Visible free gold has been identified in one of these zones. Cadan is waiting for the assay results from the mineralized zones.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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