17 May Carnavale Resources grows gold targets at Ore Banda South after drilling
Carnavale Resources has published results from a second aircore (AC) drilling programme focused on the 15 km Carnage shear zone at its 80%-owned Ora Banda South Gold Project in Western Australia.
ASX-listed Carnavale drilled 176 holes for 12,894 metres at intervals of 360 metres along the length of the Carnage shear. The work was intended to follow up previously reported assays of up to 4 metres at 8.82 g/t gold.
Notable results included 4 metres at 2.69 g/t gold from 36 metres, 4 metres at 2.49 g/t from 48 metres and 8 metres at 0.58 g/t from 32 metres.
The project is located within 15 km of several historic mines – Ora Banda, Siberia, Bullant, Mt Pleasant, Cashmans and Lady Bountiful – that have produced more than 6 million ounces of gold.
“We are excited to have confirmed the scale of the new prospects at Ora Banda South – a substantial AC programme was executed to expand the high-grade gold zones that were identified in the initial scout drilling,” Carnavale’s CEO Humphrey Hale said.
“This wide-spaced programme has provided additional definition to the gold anomalies in the regolith and improved confidence along strike,” he added.
In Q3, Carnavale will conduct a reverse circulation drill programme at the Carnage and Highlander targets to define scope of the shallow bedrock gold mineralisation in the top 200 metres from surface.