Carnavale Resources Ltd (ASX:CAV)’s initial reverse circulation (RC) drilling program at McTavish East Prospect of the Kookynie Gold Project, 160 kilometres north of Kalgoorlie in the West Australian Goldfields, has delivered further high-grade gold.
The newly discovered, shallow, high-grade gold lode has expanded the prospect to 250 metres strike and up to 150 metres depth and it remains open along strike and at depth.
Near-surface geochemical depletion identified in the weathered bedrock elevates previous low-order aircore anomalies as new priority targets for deeper RC drill testing.
Follow-up RC drilling is planned to expand the high-grade McTavish East discovery zone down dip and along strike to test the 1-kilometre-long prospective corridor between McTavish East and Champion South and other regional anomalies at McTavish North, during the first quarter of 2022.
Grow bonanza-grade discovery
Carnavale Resources Ltd (ASX:CAV) CEO Humphrey Hale said: “The shallow high-grade results continue along strike, expanding the McTavish East high-grade zone by 100 metres to an overall strike of 250 metres that remains open along strike and down dip.
“CAV now is armed with a greater understanding of the mineralised structures at Kookynie and has defined a highly prospective corridor of over 1 kilometre between McTavish East and Champion South.
“The recognition of a strongly depleted weathered zone near-surface is important as it enhances the importance of any previously defined shallow aircore anomalies.
“Follow-up RC drilling is planned to grow this bonanza grade gold discovery and test other targets."
Results
The initial program of RC drilling consisted of 21 holes for 2,987 metres. The new RC drilling results include:
➢ 4 metres at 12.94 g/t from 126 metres (including 2 metres at 23.67 g/t);
➢ 4 metres at 6.39 g/t from 114 metres (including 1-metre at 23.30 g/t);
➢ 6 metres at 2.26 g/t from 50 metres; and
➢ 8 metres at 1.34 g/t from 59 metres.
A review of the previous lower-order gold anomalies intersected in the earlier aircore drilling will now be undertaken due to this new understanding of the regolith profile at the Kookynie Gold Project.
Further exploration
Further exploration will be aimed at understanding and targeting the thickest zones within the main structure that appear to have a southeasterly plunge.
CAV will follow up on the recent drilling success with an RC program targeting the high-grade zone.
In addition, CAV will explore the shallow high-grade gold identified in earlier CAV aircore at McTavish North and the open corridor along the mineralised zone to Champion South.
An RC rig is being sourced to commence the second RC program at Kookynie in the March 2022 quarter.