CAV 0.00% 0.4¢ carnavale resources limited

Ann: Drilling continues as Kookynie delivers outstanding results, page-92

  1. 33,487 Posts.
    lightbulb Created with Sketch. 1741
    I have no idea when the MRE is due .
    THe ore bodies are disjointed (poddy) which adds to complexity and time making conclusions , I am surprised they have not done some more shallow infill drilling to get a better idea of what can be mined profitably by open cut mining
    Looks like now CAV seems to think there are two shoots rather than the one described in your post according to the person Forwood .
    Only two drill holes to show for that new shoot though to the SW, and none of the drill holes are recent so interesting now they show it as a shoot and not before guess they think of the structure as an analogue to the shoot to the NE (really need names for the shoots) so with that knowledge have deemed it a shoot with the red arrow beneath it
    Yes doubt if finding a mill is going to be an issue given at say 8 grams a tonne they would only lose a 1/2 a gram in trucking/train railing costs all the way to Kal or Coolgardie if Genesis or Red5 or NST did not play ball closer by .
    AIMHO
    Last edited by plough: 05/03/24
 
watchlist Created with Sketch. Add CAV (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $13.69M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $4.9K 1.225M

Buyers (Bids)

No. Vol. Price($)
7 55269695 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 20018920 19
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CAV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.