Carnavale Resources Ltd (ASX:CAV) is back at the Kookynie Gold Project in Western Australia with an eight-hole reverse circulation (RC) drill program to follow up on high-grade gold results from aircore drilling at McTavish East.
The 1,400-metre RC drilling campaign will target fresh rock extensions to the north of the regolith, where the earlier aircore program had identified high-grade gold.
Some of the best results from the extensional aircore drilling include.
- KOAC398: 10 metres at 5.78 g/t gold from 32 metres, including 6 metres at 9.08 g/t and 2 metres at 1.4 g/t;
- KOAC487: 4 metres at 13.28 g/t from 24 metres and 2 metres at 1.14 g/t from 32 metres;
- KOAC488: 8 metres at 4.98 g/t from 44 metres, including 6 metres at 6.37 g/t); and
- KOAC396: 9 metres at 2.88 g/t from 54 metres.
RC and diamond drilling at McTavish East has, so far, identified more than 500 metres of strike, with the aircore program adding a further 200 metres.
CAV believes there is significant high-grade gold mineralisation at depth in the newly-discovered area that can expand McTavish East’s 2.5-kilometre prospect.
Kookynie drilling plan.
“Excited”
“We are excited to be drilling at Kookynie again,” CAV chief executive officer Humphrey Hale said.
“The high-grade gold shoots can be difficult to predict at Kookynie, with this in mind CAV has reviewed the geochemistry and structural morphology of the high-grade gold shoots to optimise the location of the latest exploration efforts.
“This new RC program is designed to extend the known high-grade mineralisation in the fresh rock at McTavish East by over 150 metres to the north along the major mineralizing structure.”
WA-based
CAV has four exploration projects - Kookynie Gold Project, Ora Banda South Gold Project, Grey Dam Nickel Project and Barracuda Copper-Nickel-PGE Project - targeting high-grade gold and nickel sulphides close to Kalgoorlie in WA’s Goldfields.
The resources company is focused on projects with early greenfield to advanced near-term resource potential for gold, nickel, precious metals and strategic minerals associated with the electric vehicle battery sector.