CAI: Pirra Lithium secures highly prospective Pilbara ground

CALIDUS RESOURCES LIMITED

• Calidus Resources and Haoma Mining are combining their respective lithium landholdings into Pirra Lithium.
• Pirra Lithium will hold tenements covering 1,303sqkm in the east Pilbara, 89sq km in the west Pilbara, and 289sqkm in the Northampton Inlier.
• Haoma Mining will hold 60% of Pirra Lithium and Calidus Resources will hold 40%.

2023-03-17 08:13:00

CAI: Warrawoona achieves record production rates in February

CALIDUS RESOURCES LIMITED

• 182,000 tonnes of ore was processed with 5,005 ounces of gold recovered in February 2023.
• Drilling of 17 closely spaced holes targeting extensions of the previously reported high grade intercept of 6m @ 40.15 g/t Au at the Felix deposit has been completed.
• The Company made a further A$5 million debt repayment in February reducing the outstanding balance of the Project Loan Facilities to A$97 million.

2023-03-06 08:14:00

CAI: Drilling results underpin growth opportunities at Blue Spec

CALIDUS RESOURCES LIMITED

• All gold assays have been received for two RC drilling programs at Blue Spec East and Marble Bar.
• Latest results include 10m @ 1.54g/t Au from 35m in 22 BSRC024, 14m @ 1.05g/t Aufrom 34m to EOH in 22 BSRC022, and 10m @ 1.34g/t Au from 33m.
• These results are outside the Blue Spec Resource, and have potential to improve the economics of the greater Warrawoona Gold Project.

2023-02-21 07:51:00

CAI: Warrawoona Delivers Strong Production in January

CALIDUS RESOURCES LIMITED

• In January 2023, 5,210 ounces of gold were recovered from processing 195kt of ore at 0.88g/t.
• The mill achieved run rates of 2.5 and 2.6 mtpa in the last two weeks of January, representing a 4% and 8% increase on nameplate.
• With the Processing Plant performing above nameplate, a minimum 10% increase is being targeted for the remainder of the quarter.

2023-02-14 08:03:00

CAI: High-grade zone in Felix discovery at Blue Spec Project

CALIDUS RESOURCES LIMITED

1. All gold assays have now been received for the maiden 31-hole RC program.
2. Latest results include: • 6m @ 40.15g/t Au from 38m in 22GORC016 (including 1m @ 220.17g/t Au from 39m)
3. The results indicate the presence of two mineralisation styles: one is high-grade shear-hosted mineralisation analogous to the Warrawoona Gold Project and the other is a lower grade disseminated mineralisation.

2023-01-18 08:22:00

CAI: Commercial production declared at Warrawoona Gold Project

Calidus Resources

1. Calidus Resources (ASX:CAI) is pleased to declare commercial production at the Warrawoona Gold Project.
2. A total of 191,000t @ 0.85 g/t was processed in December with 5,053 ozs of gold produced.
3. The operation averaged 235oz recovered per day for the last third of the month.

2023-01-10 08:20:00