Cannindah Resources Limited (ASX: CAE) has outlined a near-surface Exploration Target at the Monument prospect within the Southern Porphyry Target Zone at Mt Cannindah (Qld) (Figure 1), interpreting skarn mineralisation as the upper expression of a deeper, pencil-style porphyry. The work compiles historical drilling, recent mapping, rock chips and trench/channel results into a coherent near-surface Cu-Mo model that opens new drill targets toward depth.

Cannindah Resources Limited (ASX: CAE) has reported standout trenching results from the Southern Target Zone (Appletree–Dunno) at Mt Cannindah, Queensland (Figure 1). The work outlines a 500 m × 100 m corridor of high-order Cu-Au-Mo geochemistry coincident with IP chargeability and magnetic highs—and crucially, an untested target at the lowest topographic level within the mining leases, consistent with a preserved porphyry system.