Carnavale Resources Ltd (ASX:CAV) has further enhanced two new gold targets – the Carnage and Highlander prospects – along the 15-kilometre-long Carnage shear of the Ora Banda South Gold Project in Western Australia.
These prospects were defined in the second round of aircore drilling at Ora Banda South, which was completed with 176 holes for 12,894 metres, drilled in wide-spaced lines over 360 metre intervals stretching the length of the Carnage shear.
Drilling was intended to follow up previously reported assays of up to 4 metres at 8.82 g/t gold, with results of note including:
- 4 metres at 2.69 g/t gold from 36 metres;
- 4 metres at 2.49 g/t from 48 metres;
- 8 metres at 0.58 g/t from 32 metres;
- 4 metres at 0.97 g/t from 36 metres;
- 8 metres at 0.45 g/t from 48 metres;
- 4 metres at 0.82 g/t from 52 metres;
- 8 metres at 0.36 g/t from 24 metres; and
- 11 metres at 0.26 g/t from 60 metres (ended in mineralisation).
Drilling confirms scale
“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,” Carnavale Resources CEO Humphrey Hale said.
“This wide-spaced program has provided additional definition to the gold anomalies in the regolith and improved confidence along strike.
“An RC [reverse circulation] drilling program, at Carnage and Highlander is planned to define scope of the shallow bedrock gold mineralisation in the top 200 metres from surface.”
Plan of Ora Banda South Gold project with Prospect location and CAV air core drilling
Carnavale intends to further investigate the Carnage and Highlander prospects with follow-up aircore drilling, and an RC program planned for the third quarter of this year, subject to rig availability.
The company has been particularly encouraged by these recent results, as they’ve been interpreted to represent a similar geology to the 2.5 million ounce at 4 g/t Invincible Gold Mine discovered by Gold Fields Limited in 2012.