Caprice Resources - CRS (ASX) News & Expert Insights from Stockhead

Caprice Resources Limited (ASX: CRS) is an Australian gold and base metals exploration company focused on maximising shareholder value through unlocking new mineral discoveries.

Caprice’s flagship Island Gold Project, located in the prolific Murchison goldfields of Western Australia, hosts extensive high-grade gold mineralisation across a five-kilometre corridor. CRS’s landholding sits within 50 km of several consolidated mining and processing hubs that depend on a steady supply of feed. With each phase of drilling extending mineralised zones, they are rapidly advancing towards a maiden Mineral Resource Estimate to demonstrate the scale and continuity of the Murchison’s next major gold discovery. In parallel, Caprice is advancing exploration at its Chobe Project in the West Arunta, one of Australia’s most exciting emerging mineral provinces. This underexplored region has already delivered niobium and rare earth element carbonatite discoveries (WA1 Resources Ltd and Encounter Resources Ltd) and is highly prospective for large-scale ironoxide copper-gold (IOCG) systems, offering transformational growth potential. Caprice’s 2,000 km² landholding is among the largest of any ASX-listed company in this frontier region.

Caprice is committed to delivering significant, long-term shareholder value by combining disciplined exploration with technical excellence across its high-quality Western Australian exploration portfolio.

KEY PEOPLE

Luke Cox is a geologist with over 25 years mining industry experience and a demonstrable track record growing exploration and mining companies. He was most recently Chief Executive Officer for Green Technology Metals (ASX: GT1) advancing their portfolio of Canadian lithium projects, delivering rapid resource growth, key stakeholder and local indigenous engagement, offtake agreements and scoping level studies.

Rob Waugh is a seasoned geoscientist and Australian resources executive with a proven track record in mineral discovery, project development and M&A. His career spans top-tier names like WMC and BHP, as well as high-performing juniors, with experience across gold, copper, nickel, PGEs, uranium and lithium.

Waugh was a founding figure at Musgrave Minerals (ASX:MGV), where he led the company’s Cue Gold Project through several key discoveries – including Break of Day, White Heat and Big Sky – ultimately resulting in a $200 million takeover by Ramelius Resources (ASX:RMS) in 2023.

He holds a BSc in Geology from UWA and an MSc in Mineral Economics from Curtin University (WASM), and is a member of the AIG and a Fellow of the AusIMM. Rob currently sits on the board of Future Battery Minerals (ASX:FBM) as a Non-Executive Director.

Scott Deakin has over 12 years experience working in the exploration and resources sector. He is a director of Mining People International, specialising in technical and executive mining recruitment and HR consulting, and a non-executive director of ASX-listed Bubalus Resources Limited. Mr Deakin holds a commerce degree from Curtin University, a Graduate Diploma in Mineral Exploration and Geoscience from Curtin University’s WASM and is a Graduate of the Australian Institute of Company Directors.

Roger Mason is a qualified geologist and accomplished natural resources sector executive with a strong pedigree and demonstrated track record spanning almost four decades of developing value in mining companies through strategic innovation, discovery, project development, and safe, efficient operations, covering a range of commodities gained in Australia and overseas. Roger has played a pivotal role as the Managing Director and Chief Executive Officer at Antipa Minerals Limited (ASX: AZY), including establishing Western Australia’s Paterson Province’s reputation as an emerging prolific mining province on the back of multiple mineral deposit discoveries across this covered terrane.

Prior to Antipa, Roger held management roles with WMC Resources Limited where he was part of the team which discovered the Ernest Henry IOCG deposit, General Manager Geology at LionOre Mining International Limited before its takeover by Norilsk Nickel and has been an independent consultant to project development focussed mining companies.

Mr Mason has been a member of the Australian Institute of Mining and Metallurgy since 1991 and holds a Bachelor of Science (Honours) majoring in Geology from the University of Tasmania.

Oonagh Malone is a principal of a corporate advisory firm which provides company secretarial and administrative services. She has over 10 years’ experience in administrative and company secretarial roles for listed companies and is a member of the Governance Institute of Australia and Australian Institute of Company Directors. Ms Malone currently acts as Company Secretary for a number of ASX-listed exploration companies and is a Non-executive Director of Peak Minerals Ltd.