Castle Minerals (ASX:CDT) Reports Strong Gold Intercepts at Kpali Prospect

Exploration Achievements

Castle Minerals (ASX: CDT) has announced outstanding gold intercepts from its recent eight-hole reverse circulation (RC) drilling programme at the Kpali Gold Prospect in Ghana’s Upper West Region. All eight holes intersected shallow mineralisation, including notable intercepts such as 12 metres at 8.29 grams per tonne (g/t) gold from 25 metres and a peak 1 metre intercept of 20.43 g/t Au at 36 metres.

Project Development and Future Plans

The status of the Kpali Gold Prospect has been considerably upgraded, confirming it as part of an emerging exploration frontier in Northern Ghana. The broader district includes several high-conviction prospects, indicating the potential for a new West African mining camp. Castle plans the next drilling programme to include step-out drilling at Kpali and testing of other prospects, including the Bundi discovery.

Executive Comments

Stephen Stone, Executive Chairman of Castle Minerals, stated, “The Kpali Gold Prospect is developing into a robust discovery and is a strong indicator that we may be dealing with a new West African gold mining camp in Ghana’s emerging northern region. The latest intercepts include some very decent widths and grades at shallow depths with good continuity which can have considerable positive impacts should mining be considered.”

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Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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