Caspin gets its hands on high-grade tungsten in Bygoo tin hunt
Original announcement by stockhead on
- Company
- Caspin Resources
- Ticker
- CPN
- Exchange
- Unavailable
- Region
- New South Wales
- Primary commodity
- Tin
- Secondary commodities
- Tungsten
- Document categories
- Drill results, Resource update, Other
- Extracted
- 2026-09-08 03:05:20 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Caspin Resources has identified a new tungsten target at its Bygoo project in New South Wales following a review of historical drilling and new soil geochemistry. The company noted high-grade historical tungsten intercepts at Taylors Hill and recent rock-chip sampling at Fordes Gossan, complementing its existing tin exploration.
Reasoning: The announcement highlights the identification of a new tungsten target via historical data review and new soil geochemistry, providing a complementary high-value opportunity to the existing tin project.
Positive factors
- Identification of new high-grade tungsten target at Taylors Hill
- Historical high-grade tungsten intercepts support new geochemistry
- Expansion of project scope to include high-value tungsten
Negative factors
- Primary drill results are historical and not new assays
Facts used in scoring: 12

Classification and evidence
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: Kelpie deposit has a maiden Inferred Resource.
Evidence · text
“maiden Inferred Resource of 3.94Mt at 0.5% tin”
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: Kelpie is reported as a maiden Inferred Resource.
Evidence · text
“maiden Inferred Resource”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
Magnum Explorations (historical)tungstenGrade: 1.07Grade Unit: %Intercept: 10.6 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Magnum Explorations (historical)
- Commodity
- tungsten
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CPN
Geometry
- Grade
- 1.07
- Grade Unit
- %
- Intercept
- 10.6 m
- From
- 42.7 m
- To
- 53.3 m
- Intercept Depth
- 42.7 m
Classification
- Sample Type
- drill
- Group ID
- Magnum Explorations (historical):42.7-53.3
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Historical intercept of 1.07% WO3 over 10.6m.
Positive factors
- High grade WO3 intercept
Negative factors
- Historical data
Evidence · text
“10.6m at 1.07% WO3”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Magnum Explorations (historical)tinGrade: 0.12Grade Unit: %Intercept: 10.6 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Magnum Explorations (historical)
- Commodity
- tin
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CPN
Geometry
- Grade
- 0.12
- Grade Unit
- %
- Intercept
- 10.6 m
- From
- 42.7 m
- To
- 53.3 m
- Intercept Depth
- 42.7 m
Classification
- Sample Type
- drill
- Group ID
- Magnum Explorations (historical):42.7-53.3
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Historical tin grade accompanying tungsten.
Negative factors
- Historical data
Evidence · text
“0.12% tin from 42.7m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Magnum Explorations (historical)tungstenGrade: 3.68Grade Unit: %Intercept: 3 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Magnum Explorations (historical)
- Commodity
- tungsten
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CPN
Geometry
- Grade
- 3.68
- Grade Unit
- %
- Intercept
- 3 m
- From
- 44.2 m
- To
- 47.2 m
- Intercept Depth
- 44.2 m
Classification
- Sample Type
- drill
- Group ID
- Magnum Explorations (historical):44.2-47.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: High grade 3.68% WO3 intercept.
Positive factors
- Exceptional tungsten grade
Negative factors
- Historical data
Evidence · text
“3m at 3.68% WO3”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Magnum Explorations (historical)tinGrade: 0.39Grade Unit: %Intercept: 3 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Magnum Explorations (historical)
- Commodity
- tin
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CPN
Geometry
- Grade
- 0.39
- Grade Unit
- %
- Intercept
- 3 m
- From
- 44.2 m
- To
- 47.2 m
- Intercept Depth
- 44.2 m
Classification
- Sample Type
- drill
- Group ID
- Magnum Explorations (historical):44.2-47.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Historical tin grade accompanying tungsten.
Negative factors
- Historical data
Evidence · text
“0.39% tin from 44.2m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Magnum Explorations (historical)tungstenGrade: 0.11Grade Unit: %Intercept: 12.2 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Magnum Explorations (historical)
- Commodity
- tungsten
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CPN
Geometry
- Grade
- 0.11
- Grade Unit
- %
- Intercept
- 12.2 m
- From
- 32 m
- To
- 44.2 m
- Intercept Depth
- 32 m
Classification
- Sample Type
- drill
- Group ID
- Magnum Explorations (historical):32-44.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Historical intercept.
Negative factors
- Historical data
Evidence · text
“12.2m at 0.11% WO3”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Magnum Explorations (historical)tinGrade: 0.68Grade Unit: %Intercept: 12.2 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Magnum Explorations (historical)
- Commodity
- tin
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CPN
Geometry
- Grade
- 0.68
- Grade Unit
- %
- Intercept
- 12.2 m
- From
- 32 m
- To
- 44.2 m
- Intercept Depth
- 32 m
Classification
- Sample Type
- drill
- Group ID
- Magnum Explorations (historical):32-44.2
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Historical tin grade accompanying tungsten.
Negative factors
- Historical data
Evidence · text
“0.68% tin from 32m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Magnum Explorations (historical)tungstenGrade: 0.2Grade Unit: %Intercept: 1.5 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Magnum Explorations (historical)
- Commodity
- tungsten
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CPN
Geometry
- Grade
- 0.2
- Grade Unit
- %
- Intercept
- 1.5 m
- From
- 35.1 m
- To
- 36.6 m
- Intercept Depth
- 35.1 m
Classification
- Sample Type
- drill
- Group ID
- Magnum Explorations (historical):35.1-36.6
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Sub-interval historical tungsten.
Negative factors
- Historical data
Evidence · text
“1.5m at 0.20% WO3”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Magnum Explorations (historical)tinGrade: 3.2Grade Unit: %Intercept: 1.5 mHistorical resultNeeds review: ungroundedView all detailsHide details
Identity
- Hole ID
- Magnum Explorations (historical)
- Commodity
- tin
- Region
- australia_nsw
- Reported Region
- australia_nsw
- Ticker
- CPN
Geometry
- Grade
- 3.2
- Grade Unit
- %
- Intercept
- 1.5 m
- From
- 35.1 m
- To
- 36.6 m
- Intercept Depth
- 35.1 m
Classification
- Sample Type
- drill
- Group ID
- Magnum Explorations (historical):35.1-36.6
QA/QC
- QA/QC Disclosed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- Yes
- Review Reason
- ungrounded
- Interp. Status
- scored
- Historical
- Yes
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: High grade tin sub-interval.
Positive factors
- High grade tin sub-interval
Negative factors
- Historical data
Evidence · text
“3.20% tin from 35.1m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Stale Data Re-releasenegative
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: the fact restates a prior release
Fordes GossantungstenGrade: 0.33Grade Unit: % WO3View all detailsHide details
Identity
- Hole ID
- Fordes Gossan
- Commodity
- tungsten
- Ticker
- CPN
Geometry
- Grade
- 0.33
- Grade Unit
- % WO3
Classification
- Sample Type
- surface
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Rock chip tungsten grade.
Evidence · text
“rock-chip sampling returned 0.33% WO3”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fordes GossantinGrade: 1.76Grade Unit: % tinView all detailsHide details
Identity
- Hole ID
- Fordes Gossan
- Commodity
- tin
- Ticker
- CPN
Geometry
- Grade
- 1.76
- Grade Unit
- % tin
Classification
- Sample Type
- surface
- Group ID
- Fordes Gossan:null-null
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Rock chip tin grade.
Evidence · text
“1.76% tin”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fordes GossantungstenGrade: 0.12Grade Unit: % WO3View all detailsHide details
Identity
- Hole ID
- Fordes Gossan
- Commodity
- tungsten
- Ticker
- CPN
Geometry
- Grade
- 0.12
- Grade Unit
- % WO3
Classification
- Sample Type
- surface
- Group ID
- Fordes Gossan:null-null
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Rock chip tungsten grade.
Evidence · text
“0.12% WO3”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fordes GossantinGrade: 2.01Grade Unit: % tinView all detailsHide details
Identity
- Hole ID
- Fordes Gossan
- Commodity
- tin
- Ticker
- CPN
Geometry
- Grade
- 2.01
- Grade Unit
- % tin
Classification
- Sample Type
- surface
- Group ID
- Fordes Gossan:null-null
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Rock chip tin grade.
Evidence · text
“2.01% tin”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.