Carnaby Resources Confirms Mohawk Copper-Gold Discovery

THE DRILL SERGEANT: Carnaby Resources (ASX: CNB) has confirmed its recent Mohawk copper gold discovery at the company’s Greater Duchess copper gold project in Mt Isa, Queensland.

Carnaby Resources announced the confirmation via the release of assay results from the first two drill holes undertaken at the Mohawk copper gold discovery.

Assays results included:

MKRC001
21 metres at 2 per cent copper, 0.6 grams per tonne gold from 43m, including 12m at 3.3 per cent copper, 0.9g/t gold from 44m; and

MKRC008
25m at 1 per cent copper, 0.3g/t gold from 97m, including 14m at 1.4 per cent copper, 0.5g/t gold from 98m.

“Assay results from the first two drill holes at Mohawk have come in at much higher grades than the previously reported pXRF readings and confirm Mohawk as a significant new high grade sulphide discovery,” Carnaby Resources managing director Rob Watkins said in the company’s ASX announcement.

“To date we have only drilled six holes into the main Mohawk zone with every hole intersecting strong copper sulphide mineralisation over broad widths.

“Drilling continues and we eagerly await the next the next round of assay results where we may see similar increases in copper grades from the pXRF readings.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE