Carnaby Resources (ASX:CNB) has announced new confirmatory assay results and further extension drill hole intersections from the Greater Duchess copper gold project in Mt Isa, Queensland.
The company says its best assay result was 63m @ 1.7% Cu, 0.2g/t Au from 204m including 29m @ 3.2% Cu, 0.4g/t Au from 204m.
Carnaby Resources' Managing Director, Rob Watkins says the Mount Hope discovery continues to grow in size and grade: "The 35% increase in grade from the previously reported pXRF readings to the actual assay grades is extremely pleasing."
The company also says drilling continues apace with a 40,000m programme in progress to define a maiden Mineral Resources Estimate at the Greater Duchess project