CNB 1.43% 71.0¢ carnaby resources limited

The best person to be asking regarding these results are...

  1. 1,905 Posts.
    lightbulb Created with Sketch. 1433
    The best person to be asking regarding these results are @GeoFiji and @AlfieKnows ...

    I am far from an expert in Geology frown.png

    But this pretty much sums it up:

    The Company’s Managing Director, Rob Watkins commented:

    “These outstanding results from the first three RC holes indicate that we are in a large mineralised Iron Oxide Copper Gold system at Nil Desperandum which appears to be getting bigger and higher grade at depth. We eagerly await more drill results and look forward to additional RC and diamond drilling starting within the next two weeks.

    So much more news to come biggrin.png

    "Carnaby has completed 3,735 metres of RC drilling at Nil Desperandum in 18 holes in the first phase of drilling. Only partial results have been received from the three holes reported today. Results are awaited from all other holes drilled and a phase two follow up RC and diamond
    drilling program will commence within the next two weeks"

    Todays results, and although "Outstanding", are only a fraction of a fraction of what is to come

    Eagerly awaiting for:

    * Results from 15 RC holes yet to be reported
    * Further results from the 3 RC holes reported today
    * Results from the strong chargeability anomaly (NLIP2) immediately east of the main zone
    * Results from , the IP chargeability anomaly NLIP4 (once drilled)
    * Results from NLRC024 which will be extended with a diamond core tail to target the main lode position. A universal RC / diamond rig has been contracted and will commence drilling at Nil Desperandum within the next two weeks
    * Results from all 4 holes at Mt Birnie which are still being processed
    * AND everything from Strelley biggrin.png

    I see a lovely "rapidly emerging and growing Greater Duchess copper gold deposit".

    Looking forward to hearing from our HC CNB resident geology experts
 
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