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Carnavale Resources Limited ( (AU:CAV) ) just unveiled an update.
Carnavale Resources Limited has completed an extensional drilling campaign at its Kookynie Gold Project, targeting the Swiftsure and Tiptoe deposits. This initiative aims to increase the resource base and confidence levels, with assay results expected in June 2025. The project, located strategically near operating mills, offers significant potential for resource growth and improved project economics, with further exploration opportunities being assessed.
More about Carnavale Resources Limited
Carnavale Resources Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in expanding its high-grade gold deposits, particularly at the Kookynie Gold Project in Western Australia, with a strategic emphasis on leveraging nearby operating mills for processing.
Current Market Cap: A$20.45M
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