Greater Duchess Copper Gold Project Update

Carnaby Resources (ASX:CNB) has announced promising assay results from its Greater Duchess Copper Gold Project in Mt Isa, Queensland. The company reported significant copper and gold mineralization across several prospects, marking a step forward in its resource definition and extension drilling efforts. A Pre-Feasibility Study is anticipated by mid-2025.

Future Prospects for Carnaby Resources

Carnaby Resources has announced positive assay results from its Greater Duchess Copper Gold Project, indicating promising copper and gold mineralization. The project spans 1,946 km² and includes notable prospects like Mount Hope Central and Mohawk. Significant findings include copper grades up to 3.3% and gold grades up to 0.5 g/t. The company aims to complete a Pre-Feasibility Study by mid-2025 and plans more drilling to define the extent of mineralization. With a current mineral resource estimate of 21.8Mt @ 1.4% CuEq, Carnaby Resources looks to advance its exploration and development efforts, supported by a market capitalization of $62.8 million.

Executive Insights on Exploration Progress

The Greater Duchess Project continues to deliver impressive results, strengthening our belief in its potential. These drill results are encouraging, and we are committed to advancing our exploration efforts to unlock the full value of this project.