Capital Metals plc (“CMET”) has provided an update on drilling within the Initial Mining Area (“IMA”) of its Taprobane Minerals Projects in Sri Lanka. Mining operations are expected to initially concentrate on licence area EL168, with this year’s drilling focused on expanding the resource both laterally and at depth. Phase 1 is now complete, comprising 1,501m of drilling across 170 reverse circulation holes. Drilling has reached depths of 15m, significantly deeper than the average 1.6m achieved ....

11 Jun 2025
Capital Metals: Completion of Phase 1 drilling signals high grade mineralisation outside existing Resource

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Capital Metals: Completion of Phase 1 drilling signals high grade mineralisation outside existing Resource
Capital Metals plc (CMET:LON) | 3.0 0 0.0% | Mkt Cap: 13.1m
- Published:
11 Jun 2025 -
Author:
Roger Bell -
Pages:
2 -
Capital Metals plc (“CMET”) has provided an update on drilling within the Initial Mining Area (“IMA”) of its Taprobane Minerals Projects in Sri Lanka. Mining operations are expected to initially concentrate on licence area EL168, with this year’s drilling focused on expanding the resource both laterally and at depth. Phase 1 is now complete, comprising 1,501m of drilling across 170 reverse circulation holes. Drilling has reached depths of 15m, significantly deeper than the average 1.6m achieved ....