Carnavale Resources back resource drilling at McTavish East

–News Direct–

Carnavale Resources Ltd (ASX:CAV) MD Humphrey Hale tells Proactive the company has started further resource drilling at Kookynie Gold Projects McTavish East prospect as it targets a shallow, maiden JORC 2012-compliant mineral resource estimate (MRE) early next year. The 36-hole, 4,200-metre reverse circulation (RC) program is following up extensional high-grade gold results from recent RC drilling in fresh rock that identified high-grade gold shoots.

With this round of drilling, we are targeting the achievement of a maiden resource early in 2024 that will support mining studies," Hale said. "We are confident this drilling will show increased continuity of the high-grade shoots and add ounces.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

Jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/carnavale-resources-back-resource-drilling-at-mctavish-east-898929152

Carnavale Resources Limited

comtex tracking

COMTEX_443910359/2655/2023-11-23T14:59:03

Post Disclaimer

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Nook Explorer journalist was involved in the writing and production of this article.