Company
Carnavale Resources Ltd
ASX:CAV
Carnavale Resources Ltd is a West Australian based, mineral exploration company. The company is focused on acquiring and exploring high quality and advanced exploration and development projects prospective for gold, nickel, PGE and strategic minerals associated with the electric vehicle battery sector including other new-age disruptive technologies. It has brought together a team of experienced exploration geologists, with a history of exploration success, to unlock the potential of Carnavale’s exciting exploration opportunities.
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Carnavale Resources targets Carnage at Ora Banda South with RC drill after promising aircore results
The company's aircore drilling points to a large gold anomaly overlooked in previous exploration in the area.
Carnavale Resources hits 4 metres at 30.2 g/t; best grades yet at Ora Banda South
“This drilling has provided better definition to the substantial gold anomalies that cover multiple kilometres of strike along the Carnage Shear,” said CEO Humphrey Hale. “We are keen to target the fresh rock source with an RC drilling prog
Carnavale Resources extends McTavish East high-grade gold zone in diamond drilling campaign
“CAV plans to further develop McTavish East with reverse circulation drilling targeting the high-grade shoots within the main mineralising structure,” said CEO Humphrey Hale.
Carnavale Resources completes acquisition of 80% of Ora Banda South Gold Project
In consideration for completing the purchase, the company has paid $150,000 cash and issued 15 million ordinary shares to Western Resources.
Carnavale Resources acquires 80% of Ora Banda South Gold Project for $150,000 cash and 15 million shares
“The company is planning to drill deeper with reverse circulation to unlock the high-grade gold potential at depth," said CEO Humphrey Hale.
Carnavale Resources reveals new gold zones along high-grade corridor at Kookynie
“The continued exploration success at our Kookynie Gold Project is very exciting, it has opened our eyes to the potential of other exploration targets within the tenement package,” says CEO.
Carnavale Resources encouraged by indications from third aircore campaign at Ora Banda South Gold Project
“We have demonstrated that the system is gold-bearing, now we have to zoom in on the highest grade so that we can target the fresh rock source with RC drilling," said chief executive officer Humphrey Hale.
Midas Minerals secures entire Wondinong PGE target zone around the Challa Project in WA
Through this acquistion Midas has gained control of the entire 17-kilometre-long Wondinong PGE target zone, which previously returned PGE mineralisation up to 3.45g/t and promising PGE and base metal-related geochemical and geophysical anom
Carnavale Resources divests Barracuda nickel-copper-PGE project to maintain West Australian gold focus
“The transaction will allow CAV to continue our aggressive focus on the Kookynie and Ora Banda Gold Projects in Western Australia, while allowing us to crystallise value from one of our non-core assets," CEO Humphrey Hale said.
Carnavale Resources looks to follow-up strong gold grades with third aircore program at Ora Banda South Gold Project
The company is encouraged by past drilling results in the area of up to 4 metres at 8.82 g/t gold, and believes the geological setting at these two prospects mirrors that of the Invincible Gold Mine, discovered near Kambalda in 2012 and boa
Carnavale Resources unearths new high-grade zone of shallow gold at Kookynie
“We are delighted to have discovered a new high-grade lode at McTavish North with the first RC drill holes into the prospect. In addition, we are pleased with the results from the second RC program at the newly discovered McTavish East pros
Carnavale Resources kicks off diamond drilling at Kookynie to test extent of mineralisation
The company is planning to sink three holes for 500 metres to get a better understanding of the orientation of the mineralising structures and their interaction with the host geology as well as detail on the rock strength and density.
Carnavale Resources completes aircore drilling at Kookynie Gold Project ahead of schedule
Carnavale is now waiting for results from its aircore drilling program and its RC drilling program.
Carnavale Resources kicks off aircore drilling to test high-grade Kookynie gold structure
Carnavale’s program is targeting a prospective corridor that hosts the high-grade McTavish East prospect to the southwest and the Champion South project to the northeast.
Carnavale Resources further enhances gold prospects on 15-kilometre Carnage shear at Ora Banda South
“We are excited to have confirmed the scale of the new prospects at Ora Banda South - a substantial aircore program was executed to expand the high-grade gold zones that were identified in the initial scout drilling," says CEO Humphrey Hale
Carnavale Resources on the hunt for nickel with MLEM survey at Grey Dam
“Our work with CSIRO on the UFF soil sampling technology has helped CAV identify many new anomalous zones along the mafic/ ultramafic sequence that require further exploration. As a result, CAV is on the ground with a substantial, ground-ba
Carnavale Resources completes second RC program at Kookynie Gold Project
"The field team has reacted quickly to the geology and alteration encountered in the RC chips. As a result, we have been able to optimise the drilling program to intersect the mineralised structures efficiently and extend the structures dow
Carnavale Resources kicks off RC drilling at McTavish East targeting high-grade gold extensions
The initial RC program at McTavish East extended the high-grade gold mineralisation encountered in the previous aircore programs into the fresh rock.
Carnavale Resources completes second extensive aircore program seeking further definition of 15-kilometre gold strike at Ora Banda South
“This program was designed to provide definition to the gold anomalies in the regolith along section and improve confidence along strike. So far, we have confirmed that the Carnage shear system is fertile for gold mineralisation along 15 ki
Carnavale Resources kicks-off second air core drilling program at Ora Banda, seeking to define extensions of gold mineralisation
"The results from the initial aircore program were outstanding and better than we expected. We are following up on broad high-grade gold mineralisation identified by the initial aircore drilling over many kilometres of strike," said CEO.
Carnavale Resources raising $2.6 million to advance WA projects
“This is a validation of the asset portfolio we have assembled, coupled with our management team who has extensive knowledge of the projects and their potential." It "puts Carnavale in a strong financial position to accelerate exploration p
Carnavale Resources’ Kookynie McTavish East Prospect delivers further high-grade gold, potential enhanced
Follow-up RC drilling is planned to grow this bonanza-grade gold discovery and test other targets.
Carnavale Resources continues the hunt for nickel across Grey Dam, Barracuda projects
“The five copper and nickel anomalies at Grey Dam are encouraging and provide an initial focus for the planned EM surveys along this prospective sequence,” says MD.
Carnavale Resources discovers shallow high-grade gold lode at Kookynie, hits up to 16 metres at 20.9 g/t
Wide, high-grade gold mineralisation has been intersected in fresh bedrock with an internal zone of 10 metres assaying more than 1.0 ounces per tonne.
Carnavale Resources first aircore drilling at Ora Banda South returns high-grade gold along Carnage Shear
The company is planning more detailed, follow up aircore drilling to extend and expand the exciting new anomalies at the Carnage, Highlander and Ghan Dam prospects.
Carnavale Resources completes Heli VTEM Max survey at Barracuda PGE-Nickel-Copper Project
“The Windimurra Igneous Complex is a very large system that is anomalous in PGE, nickel and chrome within Carnavale’s Barracuda project,” says CEO.
Carnavale Resources’ prospects at Barracuda enhanced by historical evidence of rich PGE sulphide mineralisation
The company hopes to combine historical survey information, mapped in 1988 and then again in 2008, with the results of its current VTEM survey to confirm new drill targets.
Carnavale Resources completes initial RC drilling, chasing more high-grade gold at Kookynie
“This initial RC program was designed to follow up bonanza gold intercepts in geological structures identified in recent aircore programs in the regolith. We look forward to the assay results in the new year,” says CEO.
Carnavale Resources kickstarts RC drilling at Kookynie gold property
"We are very excited to have discovered a new gold zone with bonanza grades … now we have begun to drill deeper with RC to unlock the high-grade gold potential at depth,” says MD.
Carnavale Resources soil sampling identifies five new nickel-copper anomalies at Grey Dam
The aim of the UFF soil sampling program is to define geochemical anomalism that can help Carnavale economically vector into target zones that could host Kambalda-style nickel sulphides under cover.
Carnavale Resources completes initial aircore drilling at Ora Banda South Gold Project, shares up
The aircore drilling program was designed to test targets identified by previous soil sampling program, previous aircore gold anomalies and structural targets under alluvial cover.
Carnavale begins initial Ora Banda South aircore drilling targeting gold
Ora Banda South’s geological setting is analogous to the +2.5 million ounces at +4g/t Invincible Gold Mine, discovered by Gold Fields Limited near Kambalda in 2012.
Carnavale Resources expands gold in soil anomalies at Ora Banda South
The company is encouraged with recent soil sampling results along the southern portion of Carnage Shear Zone, an area of limited historic drilling, which supports the potential to host a gold deposit.
Carnavale Resources moves to 80% ownership at Kookynie Gold Project
The gold and nickel sulphide explorer has increased its holding in the Kookynie project, a relatively new exploration target in the heart of a gold camp that has historically produced over 650,000 gold ounces.
Carnavale Resources looks to future exploration following June quarter work program
The precious and base metals explorer is ready to conduct further drilling, surveying and sampling work across its Western Australian exploration assets.
Carnavale Resources hits bonanza grade gold at Kookynie Project
McTavish East prospect has returned up to 4 metres at 31.08 g/t from 96 metres and 2 metres at 32.5 g/t from 18 metres.
Carnavale Resources halted with Kookynie gold assays upcoming
Securities will remain in a trading halt until Friday, July 16, 2021, or when an announcement is released to the market.
Carnavale Resources wraps up Phase 3 aircore drilling on exploration fast-track at Kookynie Gold Project
The program was designed to infill and extend the high-grade anomalies outlined in previous drilling in December 2020 and March 2021.
Carnavale Resources gains a strong mix of exploration and corporate skills with appointment of new CEO
Humphrey Hale has already made a strong contribution to the company as a consultant and Carnavale is likely to benefit from his strong mix of exploration and corporate skills.
Carnavale Resources' aircore drilling at Kookynie Project zeros in on high-grade gold targets
The third phase of aircore drilling has been designed to infill areas of identified gold anomalism at McTavish East, McTavish North and Champion South that contain high-grade gold intercepts.
Carnavale Resources completes purchase of Barracuda Platinum-Palladium-Nickel-Copper Project
The company has been granted ministerial consent for the transfer of the licence, which is around 60 kilometres east of Mt Magnet.
Carnavale Resources extends Kookynie Gold Project anomalies with high-grade results up to 2 metres at 16.25 g/t
Carnavale’s strategy is to explore and define sufficient high-grade gold resources that can be mined and transported to a processing plant nearby.
Carnavale Resources hits up to 3.45 g/t and 3.39 g/t PGE in rock chips at Barracuda PGE-Nickel-Copper Project
Further exploration work by the company is set to include the latest airborne EM technology to delineate conductors for drill testing that potentially represent magmatic, hydrothermal or structural accumulations of nickel-copper-PGE-rich su
Carnavale Resources completes $2.1 million placement to fund Barracuda Platinum-Palladium-Nickel-Copper Project acquisition
Funds raised will be used to acquire the Barracuda Project Project, around 60 kilometres east of the gold mining town of Mt Magnet in WA, as well as fund initial exploration work and provide working capital.
Carnavale Resources completes Phase 2 aircore drilling as it chases strong Kookynie Gold Project anomalies
The program was aimed at extending anomalies previously outlined in phase 1 aircore drilling in December 2020.