RE: CDL Upside | Adjacent projects $4BIL + $27BIL | Aus is Tier1 | 50P+14 Apr 2026 07:23
CDL at 50p a share would only be at a $1bil market cap. A fraction of either.
WSBN hit £60m with no assays and has nowhere near the grades this has. Nor does it has 2 major projects.
Company is saying the geology is showing the same game gold system as both the nearby multi billion gold assets.
Darlot West Gold Project
*The Company believes there is very significant potential for this project to host significant gold mineralisation similar to that found at the Darlot Gold Mine (Vault Minerals ASX:VAU), located only 10km to the northeast and Northern Star's ( ASX:NST) Thunderbox Gold Mine 20km to the southeast. (Figure 1).
*Evidence of mineralisation proximal to these targets are the numerous shallow historical gold workings where sampling carried out by the Company returned assays of up to 65.75 g/t Au (reported on 24th October 2025).
*A prospect-scale UFF survey has been completed in proximity to and along strike from recent high-grade rock chip results, where eleven samples assayed over 10 g/t Au and up to 65.75 g/t Au, with the aim of delineating areas where mineralised structures extend under cover. Results from this program are expected in 2-3 weeks, with follow-up surveys across the wider project to commence once these results have been received.
Crofton
*Initial sampling work was focused on areas of historically reported gold mineralisation where grades of up to 253 g/t Au have been historically reported. This work confirmed historical grades, with 15 samples >1 g/t and up to 162.25 g/t Au.
* At Crofton, our upcoming work is designed to define a pipeline of drill ready gold targets to support our second half of 2026 drilling campaign that will underpin our second half of 2026 drilling programme. Together, these projects provide a balance of both near term catalysts and longer term potential.
Absolutely stunning grades and gold assets about to be unlocked.
VAU Market Cap = $4BILLION.
NST market Cap = $ $27BILLION.
Holding for fking gold buying into this at just £10mil peanuts capitalisation with TWO massive assets with ridiculous grades already confirmed at both.