Carnaby Resources Continues Nil Desperandum Run

THE DRILL SERGEANT: Carnaby Resources (ASX: CNB) will be looking for attendees at the 2022 RIU Explorers Conference to report on further exploration hits at the company’s copper gold discovery at the Nil Desperandum prospect within its Greater Duchess copper gold project in Mt Isa, Queensland.

The company reported RC drill hole NLRC069 intersected a 70 metres down hole zone of copper sulphide mineralisation from 195m, containing from 1 to 18 per cent chalcopyrite based on visual estimates with results pending.

RC drill hole NLRC067 intersected a 63m down hole zone of copper sulphide mineralisation from 169m, also containing from 1 to 18 per cent chalcopyrite based on visual estimates with results pending.

Carnaby now has extensive drilling and IP surveys underway focussing on the Lady Fanny target.

“The Nil Desperandum discovery continues to grow,” Carnaby Resources managing director Rob Watkins said in the company’s ASX announcement.

“The continuity of the wide zones of copper mineralisation is excellent and the copper grades are clearly increasing at depth to the southernmost hole drilled which intersected 41 metres at 4.1 per cent copper in NLDD044.

“While we must wait to complete heritage surveys before we can target the IP anomalies over 400 metres strike southwest of NLDD044, we have no shortage of quality drill targets to pursue at the Lady Fanny prospect, where six lines of IP are in progress targeting below shallow drill results of up to 27 metres at 2.8 per cent copper, 0.8 grams per tonne gold in LFRC009.

“We eagerly await results from drilling at Nil Desperandum and IP geophysics from Lady Fanny.”

 

 

 

Email: info@carnabyresources.com.au

 

Web: www.carnabyresources.com.au