Castle Minerals Limited Expands Kandia Gold Project: 150m Deep Multi‑Deposit Gold Corridor Unveiled in Ghana’s Upper West Region

Thursday, July 10, 2025
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8:25 am
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Castle Minerals Limited reported robust RC drilling results at its Kandia Gold Project in Ghana. The program extended gold lodes to 150m depth, signaling potential for multi-deposit development. Follow-up auger and further RC drilling are planned to explore the promising corridor further.

Castle Minerals Limited has released encouraging drilling results from its Kandia Gold Project in Ghana’s emerging Upper West Region. An 11‐hole reverse circulation drilling program spanning 1,510 meters in the 4000 and 8000 zones has confirmed multiple well‑defined lodes of gold mineralisation. Key intercepts include 5 meters at an average of 1.00 grams per tonne gold (g/t Au) from 173 meters in hole 25KARC005—with a higher-grade segment of 2 meters at 1.51 g/t Au—as well as impressive results from hole 25KARC011, which logged 1 meter at 9.91 g/t Au and an additional 6 meters at 1.68 g/t Au. Overall, the drilling has extended the identified mineralised structure to a vertical depth of 150 meters and demonstrated consistent gold distribution along strike. The technical work highlights that the Kandia corridor, covering a 16-kilometer north-east trend along the granite–metasediment contact, is evolving into a cohesive, multi-deposit gold district. The Company’s detailed structural review has pinpointed several undrilled targets, prompting plans to commence an auger geochemical sampling campaign in early August 2025, with follow‑up RC drilling scheduled for September. These results build on the earlier exploration work and set the stage for delineating a large tonnage of shallow mineralisation. Castle Minerals Limited’s strategic positioning in a prolific geological terrane is further underscored by its proximity to established and emerging projects in the region. From a sentiment perspective, market observers may view the news as bullish due to the confirmed continuity of mineralisation, extension to significant depths, and identification of new targets that could enhance the Company’s resource base. The technical indicators, particularly the higher-grade intercepts and the extension of mineralisation beyond previous limits, support a positive outlook for future exploration success. Conversely, some caution remains as the project is still at an early exploration stage, and the path to a defined Mineral Resource is not yet established. The forward-looking nature of the drilling and sampling campaigns, along with ongoing technical challenges inherent in deep exploration, might lead to a more measured sentiment among traders.

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