(NewsDirect)
Carnavale Resources Ltd (ASX:CAV) MD Humphrey Hale tells Proactive the company has started further resource drilling at Kookynie Gold Project’s McTavish East prospect as it targets a shallow, maiden JORC 2012-compliant mineral resource estimate (MRE) early next year. The 36-hole, 4,200-metre reverse circulation (RC) program is following up extensional high-grade gold results from recent RC drilling in fresh rock that identified high-grade gold shoots.
“With this round of drilling, we are targeting the achievement of a maiden resource early in 2024 that will support mining studies," Hale said. "We are confident this drilling will show increased continuity of the high-grade shoots and add ounces.”
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Proactive Investors
Jonathan Jackson
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Jonathan@proactiveinvestors.com
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