Announcement Date: 2022-03-08
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Carnaby Resources Ltd.
Project name: Greater Duchess
Location: Australia
Commodities: Gold,Copper
Highlight: Drilling results incl. 40m @ 1.5% Cu, 0.2g/t Au from 251m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Carnaby Resources Limited (ASX: CNB) (Carnaby or the Company) is pleased to announce new exploration results at the Greater Duchess Copper Gold Project in Mt Isa, Queensland. New RC drilling results and further visual estimations from diamond drilling at Nil Desperandum are presented in this release. The Nil Desperandum high-grade shoot has now been intersected in three adjacent drill holes, NLDD044, NLRC066 and NLDD073 and remains completely open down plunge to the south and southwest where several IP chargeability anomalies are located (Figure 2). It is the current interpretation that the high-grade copper gold mineralisation in these three holes does represent the start of a new high-grade lode that sits above and slightly offset from the previously defined copper gold breccia lode that has been defined by previous drilling.
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