Carnavale Intersects High-Grade Gold and Confirms Anomaly at Carnage
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Carnavale Intersects High-Grade Gold and Confirms Anomaly at Carnage

byColin Sandell-Hay, Contributor - The Assay
1 month ago
Reading Time: 2 mins read
Carnavale Intersects High-Grade Gold and Confirms Anomaly at Carnage

Carnavale Resources Ltd (ASX:CAV) has successfully completed the first programmne of RC drilling at the Carnage Prospect at the Ora Banda South Gold Project in Western Australia.

The company obtained excellent high-grade gold results from aircore drilling in the regolith.

It completed nine holes of wide-spaced reconnaissance RC drilling for 1,841m programme targeting the 2.1km strike extent of the Carnage Prospect.

Significant results from RC drilling at the Carnage Prospect include:

 1.0m @9.49g/t from 137m in OBRC007

 3.0m @0.45g/t from 72m in OBRC004

 2.0m @0.65g/t from 49m in OBRC007

 5.0m @0.26g/t from 69m in OBRC002

 8.0m @0.15g/t from 63m in OBRC007

Previous significant results from CAV aircore drilling at the Carnage Prospect include:

 4.0m @30.20g/t from 44m in OBAC413

 7.0m @5.95g/t from 80m in OBAC379 (ends in mineralisation)

 8.0m @2.74g/t from 48m in OBAC089

 4.0m @2.69g/t from 36m in OBAC306

Extensive gold anomalism confirmed by RC in the saprock profile at the Carnage Prospect with high-grade intersection in fresh rock.

Favourable geology with the potential to host a significant gold deposit, with major shear structures crosscutting a sedimentary basin with a substantial regolith gold anomaly identified by CAV in Air Core.

“This is the very first RC program that has been completed at Carnage. The drilling was widely spaced as a first pass reconnaissance programme,” CEO, Humphrey Hale, said.

“The assays have confirmed the existing regolith anomaly and intersected a high-grade gold vein in the fresh rock that may be part of a larger system, yet to be uncovered. The RC drilling confirmed the geological interpretation defined by the Air Core and geophysics.”

RC drilling by CAV within the Carnage prospect at the Ora Banda South Gold Project has confirmed gold anomalies and structural targets under alluvial cover first identified by CAV Air Core drilling. The tenement package is prospective along the 15km.

Three new gold prospects were identified in CAV’s earlier Air Core drilling that contain high-grade gold intercepts. This first reconnaissance RC drilling programme targeted the substantial anomaly at the Carnage Prospect.

For further information please visit: https://carnavaleresources.com/

Tags: ASX:CAVExplorationGoldPrecious MetalsWestern Australia
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