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

 

 

For further information, visit www.carnavaleresources.com

 

 

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