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calidus resources ltd (CAI) Details

Calidus Resources Limited explores for gold properties. Its flagship property is the Warrawoona Gold project located in the East Pilbara district of the Pilbara Goldfield in Western Australia. The company is based in West Perth, Australia.

calidus resources ltd (CAI) Top Compensated Officers

MD & Director
Total Annual Compensation: A$204.0K
Geology Manager
Total Annual Compensation: A$196.2K
Compensation as of Fiscal Year 2018.
calidus resources ltd
Calidus Resources Limited Announces PFS on Track for July Completion

Calidus Resources Limited announced that the pre-feasibility study on its Warrawoona Gold Project in WA's Pilbara is progressing rapidly, putting it on track for completion in July. Calidus Managing Director Dave Reeves said that all the information gathered so far showed the Warrawoona Gold Project, which has a total Mineral Resource (Indicated and Inferred) of 1.25 million contained ounces, would have a simple layout and processing route.

Calidus Resources Limited Presents at RIU Sydney Resources Round-up, May-09-2019 11:30 AM

Calidus Resources Limited Presents at RIU Sydney Resources Round-up, May-09-2019 11:30 AM. Venue: Sofitel Sydney Wentworth Hotel, Sydney, New South Wales, Australia. Speakers: David Russell Stuart Reeves, MD & Director.

Calidus Resources Limited Announces Wide Outcropping Gold Mineralisation in Calidus' Resource

Calidus Resources Limited announced that a review of historic rockchip, costean and channel samples has confirmed the presence of extensive, wide mineralisation from surface in the heart if the 1.25Moz Resource at its Warrawoona gold project in WA's Pilbara. Managing Director Dave Reeves said the results were important because they confirmed that wide, outcropping mineralisation would be available from day one of any potential open pit operation at Warrawoona, where a Pre- feasibility Study is well underway. As part of the Company's ongoing data review and reprocessing, historic costeaning data has been examined in detail. During 1994, Conzinc Riotinto of Australia (CRA) optioned a number of the tenements in the Warrawoona area including the main Klondyke line of workings. CRA's Exploration division (CRAE) subsequently carried out exploration activities during this period including rockchip sampling, channel and costean sampling, and geological mapping. The CRA exploration demonstrates that the surface outcropping portion of the Klondyke resource is amenable to sampling and mapping via costeaning, which will assist the geological understanding of the mineralisation. During CRAE's programme, the tenement lying in the heart of the current resource was owned independently so was not sampled during this campaign. Calidus will sample this area shortly to ensure continuous costean sampling across an initial 2.5km of continuous outcropping resource. A 5,000m drilling programme is continuing on three high-priority exploration targets at Liberator, Cutty Sark, Trump and some initial investigatory drilling of prospective Klondyke extensional units. Targets identified as being potentially significant include extensional and down dip positions adjacent to the historic high- grade Trump and Cutty Sark gold workings, where only minor historic exploration has been completed. These prospects are located within 10km of Klondyke and are near surface high-grade gold targets. Drilling of shallow air core holes at Liberator will test the near surface position of the more coherent portions of a large gold-in-soil anomaly along 3km of strike. Results will be announced shortly after receipt.

 

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