Carnavale Resources Initiates Second Phase Drilling at Kookynie Gold Project

Carnavale Resources Limited ( (AU:CAV) ) just unveiled an update.

Carnavale Resources Limited has commenced the second phase of its drilling campaign at the Kookynie Gold Project, targeting resource growth at the Swiftsure and Tiptoe deposits. The drilling aims to extend high-grade gold resources and enhance resource confidence, with potential implications for increasing overall resources and improving project economics. The campaign includes reverse circulation and diamond drilling, with results expected by the end of May 2025.

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 primarily engaged in advancing its high-grade gold projects, with a significant focus on the Kookynie Gold Project in Western Australia.

Current Market Cap: €8.98M

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