Carnavale wraps up test of prospective Kookynie corridor

Carnavale has completed a 104-hole aircore program totalling 5,109m that sought to extend the promising McTavish East prospect at its Kookynie gold project in WA.

The program tested the 1.1km untested zone between the high-grade prospect and the Champion South project to the northeast.

Limited previous aircore drilling had outlined a 0.1g/t gold anomaly that is hosted within the transported cover along the main structure that hosts the McTavish East prospect, where drilling identified anomalous gold hosted in transported material was directly attributable to primary high-grade gold at depth within bedrock geology.

Carnavale Resources (ASX:CAV) expects to receive assays from this program in August while assays from the earlier reverse circulation program are due in the coming weeks.

“The drilling program has tested the 1km prospective corridor between McTavish East and Champion South. The program went smoothly and was completed early,” chief executive officer Humphrey Hale said.

Aircore drilling

Previous exploration in the area had previously been hindered by surficial transported cover and a depleted weathered rock profile despite the Kookynie mining district being famous for hosting high-grade gold deposits such as Cosmopolitan, Altona, Champion, Batavia, Leipold and McTavish.

This has now changed following the discovery of McTavish East with follow-up assays such as 16m grading 20.92 grams per tonne (g/t) gold from 161m, 4m at 31.1g/t gold from 96m and 4m at 17.82g/t gold from 78m.

Assays are pending for the second RC program that was completed in April.

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.