Carnaby Resources Confirms Nil Desperandum Discovery

THE DRILL SERGEANT: Carnaby Resources (ASX: CNB) has claimed confirmation of, “a major copper gold discovery”, at the Nil Desperandum prospect within the company’s Greater Duchess copper gold project in Mt Isa, Queensland.

The confirmation came via RC drill hole NLRC066 that intersected a 50 metres down hole zone of copper sulphide mineralisation from 250m to bottom of hole (BOH) containing up to 30 per cent chalcopyrite based on visual estimates with results pending.

Carnaby explained the visual intercept in NLRC066 confirmed that the copper mineralisation in adjacent drill hole NLDD044 that was drilled in 2021 intersecting 41m at 4.1 per cent copper, has a similar dip to shallower parts of the deposit.

Carnaby has interpreted this to show the downhole widths are close to true width intersections for both NLDD044 and NLRC066.

“It is highly encouraging and exciting to confirm that the high-grade copper gold mineralisation intersected in NLDD044 and now in NLRC066 are over exceptional true widths,” Carnaby Resources managing director Rob Watkins said in the company’s ASX announcement.

“This gives us great confidence in the plunge extension potential of the high-grade Nil Desperandum breccia shoot.

“This is especially significant given that the results from the first three extensional lines of IP all show strong and continuous chargeability anomalies, which we know is vectoring us to high grade copper gold mineralisation as seen in NLDD044.

“We look forward with incredible anticipation to the next drill hole and IP results.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@carnabyresources.com.au

 

Web: www.carnabyresources.com.au