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Carnavale Resources: Kookynie BFS on track after fresh gold results

Carnavale Resources: Kookynie BFS on track after fresh gold results

Carnavale Resources Ltd CEO Humphrey Hale talked with Proactive about fresh bonanza-grade gold hits from infill reverse circulation and diamond drilling at the company’s Kookynie Gold Project in Western Australia, with the bankable feasibility study remaining on track for completion in early Q3 2026.

Hale said the latest drilling results from the Swiftsure and Tiptoe deposits had strengthened confidence in the continuity of the high-grade mineralisation, which is central to the project’s economics.

He also outlined Carnavale’s development strategy, explaining that the company is assessing a contract mining and toll treatment model rather than building its own processing plant. Hale said this could reduce capital requirements and support a quicker path toward mining, with much of the permitting and technical groundwork already completed.

Watch the full interview for more on the latest drilling, the BFS timeline and what could come next at Kookynie. Visit Proactive’s YouTube channel for more videos, and don’t forget to like this video, subscribe to the channel and enable notifications for future content.

#CarnavaleResources #ASXCAV #KookynieGoldProject #Gold #GoldStocks #ASX #Mining #WesternAustralia #GoldExploration #HighGradeGold #BonanzaGrade #Swiftsure #Tiptoe #BankableFeasibilityStudy #ResourceUpdate

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