Celsius Resources

Celsius Resources Limited (ASX/AIM:CLA) is a multi-asset copper and gold resources company with a robust portfolio of geographically diverse projects in the Philippines.

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• Drilling results from current drilling program highlight high-grade intercepts of 113.1 m @ 1.32% Cu and 0.41 g/t Au from 8.1 m, including 54.6 m @ 1.84% Cu and 0.74 g/t Au from 60.4 m.


• Conditional approval issued by the National Water Resources Board on water abstraction in preparation for MCB Project’s operational requirements.


• Feasibility Update study and FEED Program on schedule.

Celsius Resources (ASX, AIM:CLA) is pleased to announce the latest results from the drilling program at the MCB Project.

High-grade intercepts have been achieved, highlighting the robustness of mineralisation within the targeted zone. 

The current drilling program has confirmed the presence of consistent high-grade copper mineralisation, with significant intercepts reported in the recent metallurgical test hole.

The project's geological setting is typical of a porphyry copper-gold deposit, with additional epithermal vein deposit types identified.

Plans for further work include testing potential extensions to the current mineral resource and exploring undiscovered deposit types.  

In further news, the Philippines National Water Resources Board has issued a Conditional Water Permit
for the next twelve months, which covers the start of our construction of MCB.

Further high-grade intercepts unearthed at MCB