Carnavale Resources Limited · ASX:CAV
Carnavale Resources — RIU Explorers Conference 2022
17 slides from Carnavale Resources's conference presentation, Feb 7, 2022
Slide 1: Hunting for the next high-grade Gold and Nickel Sulphide deposits in Western Australia
For personal use only Hunting for the next high-grade Gold and Nickel Sulphide deposits in Western Australia
Slide 2: Cautionary Statements
Cautionary Statements For Consideration For personal use only This presentation has been prepared by Carnavale Resources Ltd “Carnavale”. This document contains background information about Carnavale current at the date of this presentation. The presentation is in summary form and does not purport t
Slide 3: Corporate Overview
Corporate Overview Targeting high-grade gold and nickel sulphides in Western Australia For personal use only Capitalisation Data(1) Previous 6 months Share Price Performance(1) A$/share Volume (M) Share Price A$ 0.012 0.020 250 RC drilling intersects Issued Capital M 2,478 bonanza gold at Kookynie 2
Slide 4: Board & Management
Board & Management A highly credentialed Board of Directors and Management team with demonstrated exploration success For personal use only Board and Management Ron Gajewski Mr Gajewski is an accountant by profession, with many years of experience as a Director of public listed companies and as a co
Slide 5: Key Projects
Key Projects Exploring high impact projects in Western Australia For personal use only Carnavale (“CAV”) has 3 highly prospective exploration projects targeting high-grade gold and nickel sulphide located in Western Australia ─ Kookynie Gold Project ─ Ora Banda South Gold Project ─ Grey Dam Nickel P
Slide 6: Overview: high grade gold potential
Kookynie Gold Project Overview: high grade gold potential For personal use only The Kookynie mining camp has a history of abundant gold production from high-grade quartz vein deposits dating back to late 19th century CAV has acquired 80% of the Kookynie Gold Project from Western Resources Pty Ltd an
Slide 7: Discovery of new high-grade lode at McTavish East
Kookynie Gold Project Discovery of new high-grade lode at McTavish East1 For personal use only CAV aircore defined 550m gold anomaly, exceptional results included: ─ 2m @16.25g/t in from 54m KOAC210 ─ 4m @ 31.08 g/t in from 94m KOAC 294 (ends in mineralisation) ─ 2m @ 32.50g/t in from 18m KOAC324 ─
Slide 8: Cross section through McTavish East prospect
Kookynie Gold Project Cross section through McTavish East prospect For personal use only High-grade zone defined over 250m strike and up to 150m depth ─ Remains open along strike and at depth Regolith patterns important for discovery Near surface geochemical depletion identified in the weathered bed
Slide 9: Long section through McTavish East prospect
Kookynie Gold Project Long section through McTavish East prospect For personal use only Plunging southerly shoot structures contained along mineralised zone High-grade gold zones have quartz, pyrite, trace arsenopyrite and trace lead assemblage Follow-up RC drilling on high- grade structures down di
Slide 10: Long section through McTavish East prospect
Kookynie Gold Project Long section through McTavish East prospect For personal use only Follow-up RC drilling is planned to expand the high- grade McTavish East discovery zone down dip and along strike Test 1km long prospective corridor between McTavish East and Champion South and other regional ano
Slide 11: Ora Banda South Gold Project
Ora Banda South Gold Project1 Ora Banda South high-grade gold target For personal use only Soil sampling confirms historic gold anomalies plus multiple additional +50ppb gold in soil anomalies coincident with arsenic in soil anomalies 15km long tenement package along the Carnage Shear Zone Analogous
Slide 12: Ora Banda South Gold Project
Ora Banda South Gold Project1 Aircore intersects high-grade regolith For personal use only Recon drilling on 80m centres with lines spaced from 250m up to 1,000m apart in the initial program First phase of drilling generated 3 broad gold anomalies open along strike and at depth, significant results
Slide 13: Ora Banda South Gold Project
Ora Banda South Gold Project Wide zones of gold mineralisation in regolith profile For personal use only Carnage Prospect ─ 3km strike extent open at both ends ─ 550m wide anomalous zone with high grade intercept of • 8m @ 2.74g/t (inc. 4m @ 5.10g/t) from 48m in OBAC089 Highlander Prospect ─ 4km str
Slide 14: Grey Dam Nickel Sulphide Project
Grey Dam Nickel Sulphide Project1 Exploration: local Geology For personal use only Extensive Mafic/ultramafic package Host to Ni/Co Laterite resource Detailed review of previous exploration completed Right Ni/Cu ratio, presence of Pt and Ni sulphide in previous drilling Host rocks analogous to the n
Slide 15: Grey Dam Nickel Sulphide Project
Grey Dam Nickel Sulphide Project1 UFF Soil anomalies to be targeted by EM For personal use only Initial Ultra Fine Fraction (UFF) soil program successfully identified mafic /ultramafic host sequences 5 new soil anomalies identified along 10km of strike of mafic / ultramafic sequence under cover1 Coi
Slide 16: Project development timeline
Project development timeline A pipeline of opportunities in gold and nickel… For personal use only CY2022 PROJECT January February March April May June RC drill program Follow-up RC RC drill program Kookynie results received drill program results Ora Banda Follow-up AC AC drill program South drill p
Slide 17: Contact: Humphrey Hale CEO
For personal use only Contact: Humphrey Hale CEO Carnavale Resources Limited Level 2, Suite 9, 389 Oxford Street Mt Hawthorn, WA, 6016 T: +61 8 9380 9098 F: +61 8 9380 6761 E: admin@carnavaleresources.com W: www.carnavaleresources.com ABN: 49 119 450 243