Carnavale Resources is ready to go deeper at McTavish East
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Fresh from completing an aircore program to extend the McTavish East prospect, Carnavale is now turning its attention to the deeper potential of its Kookynie gold project.
The company is carrying out 500m of diamond drilling from three pre-collars that were completed during the McTavish East reverse circulation drill program in April to add depth extents to the existing mineralised envelope.
While assays from the April drill program are expected in the coming weeks, Carnavale Resources’ (ASX:CAV) previous RC drilling at the prospect has already demonstrated intriguing results such as 16m grading 20.92 grams per tonne (g/t) gold from a down-hole depth of 161m including a higher grade 10m zone at 31.88g/t gold (MERC005).
“We are excited to be back at Kookynie with the diamond drill rig. This will give us important information on the structural controls to the high-grade mineralisation already encountered plus adding depth extents to the known mineralised envelope,” chief executive officer Humphrey Hale noted.
The diamond drilling will provide important information on the orientation of the mineralising structures and their interaction with the host geology in the local area at McTavish East as well as detail on the rock strength and density.
Core from the drill holes will be orientated and logged onsite before being transported to Kalgoorlie for cutting and sampling prior to submission to the laboratory for assaying, which is still experiencing long lead times of about 10 weeks.
The diamond drilling follows just weeks after the company completed a 104-hole aircore drill program totalling 5,109m over the 1.1km untested zone between McTavish East and the Champion South project to the northeast.
Limited previous aircore drilling had outlined a 0.1g/t gold anomaly which is hosted within the transported cover along the main structure that hosts the McTavish East prospect.
Drilling at the prospect had found that anomalous gold hosted in transported material was directly attributable to primary high-grade gold at depth within bedrock geology.
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.