Carnaby Resources Drills Nil Desperandum Extension

THE DRILL SERGEANT: Carnaby Resources (ASX: CNB) reported on recent drilling at the Nil Desperandum copper-gold discovery withn the company’s Greater Duchess copper gold project in Mt Isa, Queensland.

Canaby Resources said it intersected the Nil Desperandum high-grade shoot in three adjacent drill holes, discovery hole NLDD044, RC drilling hole NLRC066, and diamond hole NLDD073.

The deposit remains completely open down plunge to the south and southwest where several IP chargeability anomalies are located.

Carnaby has interpreted the high-grade copper gold mineralisation in these three holes to represent the start of a new high-grade lode that sits above and slightly offset from the previously defined copper gold breccia lode that has been defined by previous drilling.

RC Drill hole NLRC066 provided confirmation of the shallow southeast dip of the high-grade copper gold discovery, returning:

40 metres at 1.5 per cent copper from 251m, including 30m at 1.9 per cent copper from 253m, including 7m at 2.6 per cent copper from 253m, including 11m at 2.9 per cent copper from 272m.

“The Nil Desperandum high-grade lode is robustly continuing at depth from the discovery hole and we look forward with great anticipation to testing the IP anomalies further down plunge and drilling up and down dip of the high-grade copper gold mineralisation intersected in NLDD073.

“This is the first diamond hole to drill through the entire high-grade lode and has given us great insight into this unique looking new style of copper gold mineralisation.”

 

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@carnabyresources.com.au

 

Web: www.carnabyresources.com.au