Carnavale Resources Ltd (ASX:CAV) has delivered strong gold results from a third aircore drilling program at the Ora Banda South Project at the heart of Western Australia’s Goldfields, including 4 metres at 30.20 g/t from 44 metres.
The shallow, high-grade results come from a program of 105 aircore holes for 8,885 metres which was following up strong gold grades intercepted in the regolith during previous aircore programs.
They confirm a gold-bearing system with a strike length of 15 kilometres at the project north of Kalgoorlie.
Highest grades to date
CEO Humphrey Hale said: “We are excited about the results from this third aircore program at Ora Banda as they represent the highest-grade results from the project to date.”
Other results include:
- 7 metres at 5.95 g/t from 80 metres, hole ends in mineralisation;
- 12 metres at 0.43 g/t from 44 metres;
- 4 metres at 1.22 g/t from 88 metres;
- 11 metres at 0.37 g/t from 72 metres;
- 16 metres at 0.25 g/t from 60 metres; and
- 12 metres at 0.33 g/t from 40 metres.
Carnage Shear definition
The aircore drilling program has confirmed the prospectivity of the Carnage Shear along the 15-kilometre-long tenement package. This shear is anomalous in gold, arsenic, bismuth and lead.
“This drilling has provided better definition to the substantial gold anomalies that cover multiple kilometres of strike along the Carnage Shear,” Hale said.
“We are keen to target the fresh rock source with an RC drilling program.”
Plan of Ora Banda South Project and prospect location with recent CAV aircore drilling in yellow and selected significant CAV drilling in blue.
Three new gold prospects were identified in CAV’s earlier aircore drilling that contain high-grade gold intercepts.
Two prospects targeted
The most recent aircore program, which was drilled on wide-spaced lines across the new prospects with holes drilled on 40 to 80-metre drill centres, targeted the Carnage and Highlander prospects.
Carnage covers a 2.1-kilometre strike, is up to 500 metres wide and remains open while Highlander has a strike of 1.1 kilometres, is up to 400 metres wide and also remains open.
There are structures interpreted from the magnetics that appear to link up the Carnage Prospect with the anomaly at Highlander.
Results confirm significant gold mineralisation in the regolith geochemistry at Carnage and Highlander.
Location map with geochemical contours over regional aero magnetics.
Improved understanding
The company has now gained an improved understanding of the geology and structure as well as the depth of weathering within the regolith profile across the tenement package which has refined the targeting process.
It is CAV’s intention to drill test the deeper extensions of the regolith anomalies at Carnage and Highlander with reverse circulation (RC) drilling to 200 metres.