Carnavale keeps the party going at Ora Banda South
Carnavale is keeping the exploration momentum strong with aircore drilling starting at Ora Banda South to follow-up on high-grade gold hits.
The third aircore program totalling about 6,500m at the project seeks to expand the high-grade zones within the Carnage and Highlander prospects.
It comes as Carnavale Resources (ASX:CAV) completes aircore drilling between the McTavish East and Champion South prospects in a bid to find concealed repeats of the high-grade intercepts discovered at McTavish East and McTavish North.
“We are excited to be returning to the new prospects at Ora Banda South, CAV has launched a third aircore program to zoom in on the gold anomalies to expand the high-grade gold zones that were identified in the scout drilling,” chief executive officer Humphrey Hale said.
“The scout drilling provided definition to the gold anomalies in the regolith and improved confidence along strike.
“Upon completion of the aircore CAV will plan a reverse circulation program to test for depth extents of the regolith anomalism in the top 200m from surface.”
Previous aircore drilling at Ora Banda South just 65km northwest of Kalgoorlie tested targets identified by the company’s soil sampling, previous aircore gold anomalies and structural targets under alluvial cover.
This confirmed that the prospective Carnage Shear occurs along the 15km long tenement packages and identified three new prospects.
However, the previous aircore drilling is very wide spaced and considered to be reconnaissance geochemical drilling, an issue that current drilling intends to address by closing up the drill spacing at the local prospects targeting the geochemical footprint of concealed gold mineralisation in the regolith.
The Carnage prospect has a strike length of 2.5km and widths of up to 500m while Highlander has been defined to a strike of 2km with widths of up to 400m. Both prospects remain open.
Mineralisation at Carnage is interpreted to be orientated northeast along the Carnage Shear and is modified to have a more North-South trend by the geology.
Current drilling is aimed at finding the extents of the mineralisation and refine the RC drill targets.
Highlander has a blanket of anomalous gold and arsenic in the soil geochemistry that was the target for CAV’s initial broad spaced aircore drilling which intersected high-grade gold mineralisation.
Gold mineralisation has been associated with the same Carnage Shear and similar North-South modifying influences as the Carnage prospect.
This article was developed in collaboration with Carnavale Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.