Caspin Resources Limited (ASX:CPN)

Caspin Resources Limited has been actively engaged in exploration activities at the Bygoo Tin Project in New South Wales, Australia. The company is advancing its exploration campaign following a $6 million placement. Progress at the Kelpie Deposit includes the completion of a Reverse Circulation (RC) drill program with 23 holes drilled so far, amounting to approximately 4,000 meters, with all assays pending. An Induced Polarisation (IP) survey has been undertaken to better understand subsurface mineralisation and refine drilling targets. The survey identified significant chargeability and resistivity anomalies, which correspond with known mineralised structures and offer potential for resource expansion. Concurrently, new soil geochemistry results from the Ardlethan East area have revealed multiple tin in soil anomalies, prompting immediate drill testing. The area, near the historical Ardlethan Mine, shows potential for both breccia and greisen-style mineralisation. The company's exploration efforts are supported by the NSW Government Critical Minerals and High-Tech Metals Exploration Program.