CAV 11.1% 0.4¢ carnavale resources limited

Ann: New high-grade gold discovery at Kookynie Gold Project, page-7

  1. 3,645 Posts.
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    Yes. Besides one hole(MNRC005), which gives you 11m the rest are pretty average and in line with expectations. They had better hits with the first round drillings:
    First Round:
    16m @ 20.92g/t from 161m (inc.10m @ 31.88g/t) in MERC005
    4m @ 31.1g/t from 96m in KOAC294
    4m @ 17.82g/t from 78m (inc.2m @ 33.55g/t) in MERC001
    4m @ 12.94g/t from 126m (inc.2m @ 23.67g/t) in MERC009
    2m @ 16.25g/t from 54m in KOAC210
    4m @ 6.39g/t from 114m (inc.1m @ 23.30g/t) in MERC009

    Second Round:
    High-grade results include:
    11m @ 14.30g/t from 51m in MNRC005 (Including 1m @ 43.3g/t from 52m and 2m @ 44.17g/t from 55m*)
    1m @ 9.03g/t from 80m in MNRC004
    1m @ 8.60g/t from 107m in MNRC004
    4m @ 18.59g/t from 122m in MERC024
    7m @ 6.98g/t from 225m in MERC030 (Including 1m @ 28.8g/t from 225m*)
    2m @ 18.77g/t from 168m in MERC036
    4m @ 10.67g/t from 55m in MERC031(Including 1m @ 21.3g/t from 55m*)
    5m @ 3.85.g/t from 64m MERC0031
    3m @ 5.11g/t from 234m in MERC030

    So on average, they had a better result last time IMO. both in terms of grade and thickness.
    Last edited by thecore: 01/08/22
 
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