Cannindah Resources Limited (ASX:CAE)
Cannindah Resources Limited is an Australia-based exploration and resource development company. The Company is engaged in mineral exploration, evaluation and progressing development of its various mineral projects. The Company is engaged in Queensland projects, including Flagship Mount Cannindah Copper-Gold Project and Piccadilly Gold Project. Flagship Mount Cannindah Copper-Gold Project is located 100 kilometers south of Gladstone. Total resources, at the Mount Cannindah prospect are approximately 5.5Mt at 0.92% Cu, 0.34g/t Au and 14.9g/t Ag. Piccadilly Gold Project is located 60 kilometers north of Charters Towers. The target areas have returned Au samples, with the highest being approximately 79.4g/t.