Mar 04, 2021

Cannindah cashed up for Piccadilly exploration

Cannindah cashed up for Piccadilly exploration The Piccadilly tenements (bounded in pink and maroon) along with the Percy Marlow area (bounded in blue).

Cannindah Resources has raised $1 million through a share placement to advance work on its Piccadilly gold project,  60km north of Charters Towers. The company this week reported that rock chip sampling had returned some high-grade gold results that highlighted the potential of the under-explored eastern section of the Piccadilly mining lease. Geological prospecting had…

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