CNB Summary and Why Its So Undervalued, page-12

Here's a summary of the Strelley gold project:

Palisade Prospect
Carnaby plans to immediately follow up the high priority Palisade target with drilling along strike and to test beneath the large 300-500m wide bottom of hole RAB gold anomaly. Follow up drilling of this anomaly was curtailed in 2008 due to the GFC and has remained dormant for the last 12 years due to a focus on Lithium and lack of gold exploration in the Pilbara prior to the recent resurgence after the Hemi gold discovery by DEG.

Gibraltar Prospect
Highly underexplored where the nearest drill traverse is 1.3km along strike and then a further 1km to the next drill traverse after that, both of which intersected anomalous gold results.

Stockdale Prospect
Highly prospective and highly underexplored and will form part of the initial exploration programs to be completed at Strelley.

Conwy Prospect
The Conwy target is along strike from both the Palisade and Gibraltar targets and remains a highly prospective target that requires follow up gold exploration.

Exciting times ahead