Carnavale Resources Ltd (ASX:CAV) has commenced the first programme of RC drilling at the Carnage Prospect at the Ora Banda South Gold Project in Western Australia.
Drilling is following up on excellent high-grade gold results from aircore drilling in the regolith.
Previous significant results from aircore drilling at the Carnage Prospect include:
▪ 4m @ 30.20g/t from 44m in OBAC413
▪ 7m @ 5.95g/t from 80m in OBAC379 (ends in mineralisation)
▪ 8m @ 2.74g/t from 48m in OBAC089
▪ 4m @ 2.69g/t from 36m in OBAC306
▪ 12m @ 0.43g/t from 44m in OBAC406
▪ 12m @ 0.33g/t from 40m in OBAC435
The 10 hole, wide-spaced 2,000m RC drilling programme is targeting the 2.1km strike
extent.
Favourable geology to host a significant gold deposit, with major shear structures crosscutting a sedimentary basin with an identified felsic intrusion that correlates to a substantial regolith gold anomaly identified by the company in aircore.
Prospective geochemistry in arsenic, tin, tungsten and bismuth that correlates with the best gold anomalism suggesting an intrusion related source for the gold system.
The best gold anomalism identified in the saprock profile at the Carnage Prospect is overlain by a significant gold anomaly in the transported material, interpreted to be derived from the local, primary bedrock gold source.
Analogous geological setting target to the +2.5Moz @ +4g/t Invincible Gold Mine, discovered by Gold Fields Limited near Kambalda in 2012.
“Exciting times at Carnavale as we return to the Ora Banda Gold Project to drill test the substantial gold anomaly at the Carnage Prospect with an RC rig,” CEO Humphrey Hale said.
“No previous RC drilling has been done at Carnage. Previous explorers ignored this area as the Project area is covered by transported material overlying a sedimentary sequence. The excellent CAV aircore programs have defined a substantial gold anomaly with associated complimentary geochemistry, a major shear and a newly mapped intrusion.”
For further information please visit: https://carnavaleresources.com/
