Carnavale Resources Ltd (ASX:CAV)’s Humphrey Hale highlights the company’s recently completed $2.6 million capital raise and improved share price, coming off the back of gold exploration success at the Ora Banda and Kookynie projects. Carnavale will now follow-up with air core drilling at Ora Banda, where assay intersections have been promising at up to 4 metres at 8.82 g/t gold.
Carnavale Resources’ share price almost doubles after drilling success at Ora Banda and Kookynie