Carnaby Resources Says Drilling at Queensland Project Confirms Continuity of Mineralization; Shares Hit 52-Week High

MT Newswires Live

2025/10/06

Carnaby Resources (ASX:CNB) said drilling confirmed the continuity of the "very high grade" shoot mineralization at the Trek 1 prospect in the Greater Duchess copper-gold project in Queensland, according to a Monday Australian bourse filing.

The results also show the upside potential for the prospect to grow with additional drilling, the filing said.

Shares of the company rose 10% in Monday trade and earlier hit a 52-week high.

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