tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Carnavale Resources Completes Drilling at Kookynie Gold Project

Story Highlights
Carnavale Resources Completes Drilling at Kookynie Gold Project

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Find detailed analytics on CAV stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1