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CAE – Cannindah Resources Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Cannindah Resources Limited is an Australia-based exploration and resource development company. The Company is focused on copper and gold mineral exploration, evaluation, and progressing various mineral projects. The Company’s projects include Mt Cannindah Project and Piccadilly Project. The Mt Cannindah Project is a gold and copper mining project, which is located approximately 100 kilometers (km) south of Gladstone, Queensland. The Mt Cannindah Project represents a large (greater than nine square kilometers) high level porphyry-style Cu-Mo-Au mineralized system. The Piccadilly Project is a gold mining project, which is located approximately 60 km north of Charters Towers. The Piccadilly Project consists of one mining lease, ML1442, and two exploration permits, such as EPMs 16198 and 18322.

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