Caprice Resources Ltd: Significant Developments at Island Gold Project

Caprice Resources Ltd, a mineral exploration company listed on the ASX All Markets, has recently reported significant findings at its Island Gold Project (IGP). The company, based in West Perth, Australia, specializes in acquiring and exploring mineral resource projects to serve the Australian market.

On August 4, 2025, Caprice announced further high-grade gold intercepts and the discovery of new mineralized zones at the Island Gold Project. This update follows the completion of the final batch of 26 holes from its Phase 3 Reverse Circulation (RC) drill program. The results have extended the strike length at Vadrian’s to at least 350 meters and identified new mineralized zones within a 5km x 1km target area. These findings have bolstered confidence in the geological model and suggest that gold grades increase with depth.

The company’s share price, which closed at 0.06 AUD on July 31, 2025, has seen fluctuations over the past year, with a 52-week high of 0.087 AUD on March 27, 2025, and a low of 0.018 AUD on December 1, 2024. Caprice Resources Ltd has a market capitalization of 40,020,375 AUD.

Earlier in the week, on August 3, 2025, Caprice Resources Ltd announced a trading halt, as reported by HotCopper. This suspension was also noted by Finanznachrichten, which indicated that the company’s instruments were suspended with immediate effect.

These developments are crucial for stakeholders and potential investors, as they highlight both the promising potential of the Island Gold Project and the current trading status of the company. Further updates are anticipated as Caprice continues to evaluate and exploit these new findings.