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Carnavale Resources Expands Gold Prospects at Kookynie Project

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Carnavale Resources Expands Gold Prospects at Kookynie Project

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The latest update is out from Carnavale Resources Limited ( (AU:CAV) ).

Carnavale Resources Limited has completed a significant drilling program at its Kookynie Gold Project, revealing three high-grade gold lodes over a 1,500m strike length, including the newly discovered Tiptoe Lode. The extensional drilling results show potential for resource expansion and improved project economics, with further exploration and mining studies planned to capitalize on the high gold price environment.

More about Carnavale Resources Limited

Carnavale Resources Limited operates in the mining industry, focusing on the exploration and development of gold projects. The company’s primary project is the Kookynie Gold Project, where it is engaged in activities such as drilling to expand and define high-grade gold lodes.

Current Market Cap: €9.81M

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

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