Cannindah Resources (ASX:CAE) said surface rock chip sampling of porphyry-style veining and skarn mineralization at the Mt. Cannindah project in Queensland verified two untested potential porphyry copper-molybdenum-gold centers outside the mineral resource estimate, according to a Monday Australian bourse filing.
It also identified two significant priority target areas for drill testing, the filing said.
Its shares jumped 13% on market close.