Carnaby Resources Drills Further Encouragement at Greater Duchess

THE DRILL SERGEANT: Carnaby Resources (ASX: CNB) released results from a recent busy round of drilling completed at the company’s Greater Duchess copper gold project in Mt Isa, Queensland.

Carnaby Resources carried out drilling across a number of prospects within the Greater Duchess project, all of which returned encouraging results.

From the Mt Hope deposit (MRE 10.3 million tonnes at 1.7 per cent copper equivalent (CuEq) for 173,000 tonnes CuEq), assay results from geotechnical and resource delineation drilling undertaken as part of the Greater Duchess Pre-Feasibility Study confirmed substantial widths and grades of copper mineralisation.

Drilling at the Lady Fanny prospect intersected a broad zone of mineralisation, increasing the overall true width of the Lady Fanny Main Lode to 35 metres.

Ten resource delineation and extension RC drill holes undertaken at the Burke & Wills prospect all intersected mineralisation confirming the consistency of lode geometry in the upper portion of the deposit.

Six RC holes were carried out at the Nil Desperandum prospect to infill gaps in the drill coverage in the upper levels of the optimised pit. The drilling confirmed the lode geometry, widths and grades seen in previous drilling.

“The Greater Duchess project continues to advance and grow through drilling as part of the Pre-Feasibility Study and ongoing exploration,” Carnaby Resources managing director Rob Watkins said in the company’s ASX announcement.

“The results announced today continue to demonstrate the enormous upside for future mineral resource growth through extensions and new exploration discoveries in the region.

“The PFS remains on track with Carnaby’s maiden drilling at the new Trekelano acquisition about to commence.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE