For thousands of other reports visit RSC's Mineral Intellingence Map
Carnavale Resources Ltd.
Summary
| Project: | Lake Roe | |
|---|---|---|
| Deposit: | Lake Roe | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/13/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-12-2016: Carnavale Resources Ltd. announces an Exploration/Drilling Update report for its Lake Roe deposit at the Lake Roe project. Drilling Results incl. 11m @ 2.39g/t Au from 108m. Carnavale Resources Limited (“CAV” or “the Company”) is pleased to re | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Beckwith (Internal) | |
| ABSTRACT: | Carnavale Resources Limited (“CAV” or “the Company”) is pleased to report the final results and assessment of the recent maiden Lake Roe RC drilling programme at the Stag and Triumph Prospects on E28/2303. Carnavale’s Lake Roe Gold Project is located approximately 120km east of Kalgoorlie and 10-15km north of Breaker Resources (ASX: BRB) new gold discovery at the Bombora Prospect (Figure 1). The recently completed Lake Roe RC drilling programme consisted of 12 holes for a total advance of 1,360m. The programme targeted the northwest southeast trending Stag Shear Zone where previous vertical RAB and aircore drilling located on 200m spaced drill traverses intersected a series of anomalous zones over a total strike length of over 600m (Figure 2). Limited historic follow-up RC and diamond drilling comprised of 2 RC and 2 diamond holes. An additional zone of anomalous supergene gold, termed the Triumph Trend (Figure 2), was also defined to the east of the Stag Shear Zone closer to the granite intrusion to the east. This anomalous zone is parallel to the Stag Shear, also trending southeast northwest, with no previous follow-up drilling undertaken along this target. Nine of the RC holes targeted mineralisation associated with the Stag Shear and three holes targeted the Triumph Trend. Difficult drilling conditions through approximately 30-40m of unconsolidated transported material resulted in 3 holes failing to test the nominated target and further drilling will be required to satisfactorily test these target areas. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report