Carnaby Resources Ltd. (AU:CNB) has released an update.
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Carnaby Resources Ltd. has reported a robust quarter with key advancements in its Greater Duchess Copper Gold Project, highlighted by a significant expansion of the Mount Hope Mining Lease and promising drill results from the Mount Hope and Lady Fanny prospects. The company is progressing well with its scoping study, set to complete in May 2024, and maintains a strong financial position with $16.6M in cash. Carnaby’s strategic acquisition and ongoing drilling programs aim to further optimize and expand its project in Queensland, demonstrating its commitment to growth and value creation.
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