Cassini Resources Limited is an ASX-listed (ASX: CZI) base and precious metals developer and explorer headquartered in Perth, Western Australia. Cassini's flagship West Musgrave Project (WMP) is a new mining camp with three existing nickel and copper sulphide deposits and a number of other significant regional exploration targets already identified. The WMP is the largest undeveloped nickel - copper project in Australia.
On 22 June 2020, Cassini’s joint venture partner in the WMP, OZ Minerals Limited (ASX:OZL), announced its intention to acquire Cassini via a Scheme of Arrangement which will give it 100% ownership of the WMP. Cassini is undertaking an inter-conditional demerger of its Yarawindah Brook and Mount Squires Projects which it intends to apply to list on the ASX through new company, Caspin Resources Limited.
Cassini is continuing to progress its Mt Squires Gold Project (CZI 100%), and the Yarawindah Nickel - Copper - Cobalt Project (CZI 80%), whilst the demerger scheme is in progress.