Carnaby Resources Limited announced further exceptional drill results from the Mount Hope Prospect at the Greater Duchess Copper Gold Project in Mt Isa, Queensland. Mount Hope Central Prospect: MHRC029 drill results of; 60m @ 3.1% Cu, 0.4 g/t Au from 107m; Within 101m @ 1.9% Cu, 0.3 g/t Au from 90m. MHRC045 portable XRF results of; 16m @ 7.6% Copper from 161m Within 19m @ 6.4% Copper from 158m to Bottom of Hole (last metre 7.6% Copper).

MHRC007 drill results of; 49m @ 1.3% Cu, 0.1 g/t Au from 69m including 19m @ 2.1% Cu, 0.2 g/t Au from 72m. MHDD024 drill results of; 24m @ 1.8% Cu, 0.3 g/t Au from 276m to bottom of pre-collar (last metre 3.8% copper). Results are pending from a further 14m of strong mineralised core tail.

Systematic grid based drill out of the Mount Hope Central pit on a nominal 40m x 40m spacing has initially defined a >200m strike of continuous wide and high grade copper mineralisation beneath the shallow historical open pit. The open pit was mined in the late 1960's to early 1970's to a maximum depth of ~35m and remarkably has no publicly available records of any previous historical drilling. The drilling to date has defined a steeply dipping quartz copper sulphide (chalcopyrite- chalcocite) vein lode style mineralisation which is strongly structurally controlled by brittle fault networks.

Preliminary interpretation of the mineralisation is that it appears to be favourably located within an extensive and wide quartz vein host unit emplaced prior to the overprinting copper sulphide mineralisation, utilising the quartz vein as a brittle and favourable host.