# Caspin gets its hands on high-grade tungsten in Bygoo tin hunt Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745 Original source: https://stockhead.com.au/resources/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt/ Publisher: stockhead Original announcement: 2026-09-08T02:29:11.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas 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 factor: Identification of new high-grade tungsten target at Taylors Hill - Positive factor: Historical high-grade tungsten intercepts support new geochemistry - Positive factor: Expansion of project scope to include high-value tungsten - Negative factor: Primary drill results are historical and not new assays Facts used in scoring: 12 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: 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 Resource** Polarity: neutral Definition: 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 \(historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-0) tungsten Historical result Needs review: ungrounded #### 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 factor: High grade WO3 intercept - Negative factor: Historical data Evidence · text > 10.6m at 1.07% WO3 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Magnum Explorations \(historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-1) tin Historical result Needs review: ungrounded #### 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 factor: Historical data Evidence · text > 0.12% tin from 42.7m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Magnum Explorations \(historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-2) tungsten Historical result Needs review: ungrounded #### 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 factor: Exceptional tungsten grade - Negative factor: Historical data Evidence · text > 3m at 3.68% WO3 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Magnum Explorations \(historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-3) tin Historical result Needs review: ungrounded #### 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 factor: Historical data Evidence · text > 0.39% tin from 44.2m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Magnum Explorations \(historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-4) tungsten Historical result Needs review: ungrounded #### 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 factor: Historical data Evidence · text > 12.2m at 0.11% WO3 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Magnum Explorations \(historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-5) tin Historical result Needs review: ungrounded #### 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 factor: Historical data Evidence · text > 0.68% tin from 32m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Magnum Explorations \(historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-6) tungsten Historical result Needs review: ungrounded #### 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 factor: Historical data Evidence · text > 1.5m at 0.20% WO3 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Magnum Explorations \(historical\) [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-7) tin Historical result Needs review: ungrounded #### 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 factor: High grade tin sub-interval - Negative factor: Historical data Evidence · text > 3.20% tin from 35.1m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fordes Gossan [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-8) tungsten #### 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fordes Gossan [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-9) tin #### 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fordes Gossan [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-10) tungsten #### 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fordes Gossan [Link to this fact](https://atlas-staging.minestarters.com/news/caspin-gets-its-hands-on-high-grade-tungsten-in-bygoo-tin-hunt--1ea624da-43f0-4bcf-944c-8e50cddc4745#fact-drill-facts-11) tin #### 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 Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: 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.