Carnaby Resources Ltd. (AU:CNB) has released an update.
Carnaby Resources Ltd has announced a promising update on their Wimberu Prospect, part of the Devoncourt Project in partnership with Rio Tinto Exploration in Queensland, where a new breccia style mineralisation has been discovered. This new zone, which is open in all directions, is marked by high-grade copper sulphides and is adjacent to significant IOCG (Iron Oxide Copper Gold) targets. While assays are pending, the initial drilling results have been positive and suggest a high-tier target with further exploration and drilling planned.
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