Carnavale Resources Completes Drilling Programs at Western Australia Gold Project, Shares Fall 3%

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Carnavale Resources (ASX:CAV) said reverse circulation and diamond drilling programs were completed at the Kookynie gold project in Western Australia to support its bankable feasibility study, according to a Friday Australian bourse filing.

Six large-diameter diamond drill holes recovered 150 kilograms of core for metallurgical testwork, while samples from the reverse circulation drill program will also provide material for metallurgical variability testwork and waste rock characterization studies.

Its shares fell 3% in recent trading on Friday.

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