Carnavale Resources back resource drilling at McTavish East | News Direct

Carnavale Resources back resource drilling at McTavish East

Carnavale Resources Limited
News release by Carnavale Resources Limited

facebook icon linkedin icon twitter icon pinterest icon email icon Melbourne, Victoria | November 23, 2023 03:00 PM Eastern Standard Time

Carnavale Resources Ltd (ASX:CAV) MD Humphrey Hale tells Proactive the company has started further resource drilling at Kookynie Gold Project’s 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.”



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