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Carnaby Resources Ltd.

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Summary

Project:

Tick Hill

Deposit:Mount Birnie
Location:Australia
Commodities:Copper-Gold
Date:8/1/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:1-8-2019: Carnaby Resources Ltd. announces an Exploration/Drilling Update report for its Mount Birnie deposit at the Tick Hill project. Drilling results incl. 25m @ 2.2% Cu, 0.18g/t Au from 76m. Carnaby Resources Ltd (ASX: CNB) (‘Carnaby’ or ‘Company’) is
Resources:x
CP/QP:[Overall Report]: Robert Watkins (Internal)
ABSTRACT:Carnaby Resources Ltd (ASX: CNB) (‘Carnaby’ or ‘Company’) is pleased to announce the results from the first 6 reverse circulation drill holes completed at Mount Birnie, 4 km north of Tick Hill. The Company’s Managing Director, Rob Watkins commented: “We are highly encouraged by the style and tenor of mineralisation at Mount Birnie from the first 6 holes drilled and look forward to now stepping out and probing the wider area with more drilling and geophysics to rapidly evaluate the scale of the IOCG mineralisation. We also look forward to the highly anticipated first pass drilling at the Tick Hill Gold Mine which will be completed over the coming months. We believe our technical team and new model approach at Tick Hill is the key to unlocking the potential offset location or repetition of historically one of Australia’s highest grade and most profitable gold deposits.”

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