Carnavale Resources Limited (ASX: CAV) – $0.017 (-10.53%)

11 Dec 2014

Carnavale Resources Limited (ASX: CAV) defines high grade zinc-lead-silver-gold-copper targets at the Red Hills Project in Nevada, USA (Figure 1).


A total of 136 rock chip samples were collected with results received and reported for the first 88 samples.


Significant high grade zinc-lead-silver-gold mineralisation has been defined at the poorly outcropping Rattler Shear Zone in an area of numerous historical workings. Best assay results from the Rattler Shear Zone include:


  • 8 metres at 2.6% Zn, 2.8% Pb, 105g/t Ag and 0.52g/t Au
  • 5 metres at 5.2% Zn, 5.9% Pb, 205g/t Ag and 1.1g/t Au


The Cobra anomaly area has been defined as a strong west dipping shear zone that hosts a series of historical workings including the main extraction adit. Assay results from the Cobra Shear Zone include 3.0 metres at 1.5% Cu, 9.9% Zn, 4.0% Pb, 317g/t Ag and 0.6g/t Au.


Results for the remaining rock chip samples are expected in January 2015.


CAV Red Hills Project Nevada

Figure 1. Anomaly plan for Red Hills Project in Nevada



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