Carnavale Resources (ASX:CAV) has begun an extensive drilling program at the Swiftsure deposit within the Kookynie Gold Project in Western Australia. The initiative aims to target high-grade gold zones and expand the existing resource base. The program includes approximately 4,000 meters of reverse circulation drilling and over 500 meters of diamond drilling.
Carnavale Resources has commenced a significant drilling program at the Swiftsure deposit within the Kookynie Gold Project. The program aims to extend known high-grade gold zones and test new prospects, Valiant and Tiptoe, for potential resource expansion. With 21 planned holes, the drilling will explore extensions of high-grade mineralization and test newly identified areas. A positive Scoping Study highlights robust financial prospects, supporting both open pit and underground development. The Swiftsure deposit, with its maiden resource estimate, remains open at depth and along strike. CEO Humphrey Hale is optimistic about exploration success, and the company's strategic focus is on resource expansion and growth at the Kookynie Gold Project.
The potential for further exploration success at Swiftsure and nearby prospects is significant,' expressed CEO Humphrey Hale.