Caspin Resources Limited has identified a new high-grade tin and tungsten target at the Taylors Hill Prospect within the Bygoo Tin Project in New South Wales.

Reviewing historical exploration data alongside new soil geochemistry and field mapping, the company located past drilling that returned significant high-grade intervals. Hole 12 intersected 3.0 metres grading 3.69% WO3 and 0.39% Sn from 44.2 metres within a broader 10.6-metre interval at 1.07% WO3 and 0.12% Sn from 42.7 metres. Hole 13 returned 1.5 metres grading 0.20% WO3 and 3.20% Sn from 33.5 metres within a 12.2-metre interval at 0.11% WO3 and 0.68% Sn from 32 metres.

The historical drilling sits inside a tungsten soil anomaly striking over 800 metres with a peak value of 34.6 parts per million. The prospect sits southwest of the Ardlethan mining lease and features extensive historical workings, including pits, costeans and underground shafts.

Caspin also reviewed the Fordes Gossan Prospect, where surface rock chip samples highlighted tin and tungsten mineralization. Notable results include sample BRK0024, which returned 0.33% WO3, 1.76% Sn, 0.22% Sb, 0.12% Bi, 14 grams per tonne silver and 757 parts per million copper. These dense gossanous brecciated sediments indicate potential for breccia-pipe hosted mineralization similar to the nearby historical Ardlethan mine.

Caspin holds a 100% interest in the Bygoo Tin Project and is conducting regional exploration alongside ongoing diamond drilling and an upcoming resource update for the Kelpie Deposit.

Caspin has scheduled the Kelpie resource update for release in late September 2026. Further surface mapping and assay results from rock chip samples across Taylors Hill and Ardlethan South will assist the company in assessing mineralization scale and defining future drill targets.

"In parallel with resource extension activities at the Kelpie Deposit, the Company has been working through the mineralisation potential of the entire Bygoo Project, focussed primarily on tin, but cognisant that other metals are commonly found associated with tin in the region," Managing Director Greg Miles said.

"The Taylors Hill Prospect is another new target that has been recognised from historical data and supported by our own newly acquired soil geochemistry."

Read the full announcement: New High-Grade Tin & Tungsten Prospect at the Bygoo Project