Carnavale Resources Limited (AU:CAV) has released an update.
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Carnavale Resources Ltd (CAV) has reported promising results from its recent aircore drilling program at the Kookynie Gold Project, revealing new gold zones and expanding the Tiptoe prospect. The exploration program, which consisted of 72 holes and 4,192 meters of drilling, identified significant gold intercepts and a new zone named Valiant with a 250-meter strike. The company anticipates releasing a Maiden Mineral Resource Estimate and mining study for two other prospects within the project area in June 2024.
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