5 copper / nickel in soil anomalies identified by UFF soil sampling along 10km of the prospective ultramafic / mafic sequence.
Passive seismic program underway over soil anomalies to determine depth of cover to assist EM program design.
Ground EM survey is planned to commence in the March quarter, targeting nickel sulphide conductors and any priority EM conductors to be subsequently drill tested.
Detailed Heli VTEM survey completed.
Results from the VTEM survey are indicative of conductive cover and paleochannels CEO
CAV has commenced a passive seismic survey (survey) at Grey Dam to determine the depth of cover associated with 5 nickel / copper soil anomalies identified by the earlier UFF soil sampling program. The survey will be followed up by a ground EM survey aiming to delineate direct drilling targets. The mafic / ultramafic sequence at Grey Dam is located immediately along strike and is the same geological sequence that hosts the new Kambalda style, nickel sulphide
The northern area of the
The Company completed a program of UFF soil sampling over the majority of the interpreted mafic / ultramafic sequence in the northern part of the tenement package on a 100m by 200m grid. A total of 964 soil samples were collected. The aim of the UFF soil sampling program was to define a geochemical response that help CAV economically vector exploration into target zones that have the potential to host Kambalda style nickel sulphides under cover. Refer ASX release dated
The detailed UFF soil sampling program has successfully delineated five discrete geochemical anomalies under transported cover. The anomalies are defined by the log additive indices of nickel and copper assays that have been levelled with regard to the regolith domain. Levelling the data against the regolith domain has enabled CAV to rank the subsequent anomalies on a like by like basis, consequently subcrop / outcrop anomalies have a discounted priority ranking when compared to sample data from sheetwash areas. A survey comprising twelve passive seismic traverses across the interpreted soil anomalies, to determine the depth of transported cover has commenced. Based on the results of the passive seismic survey, a ground-based EM geophysical survey will be undertaken to delineate conductive nickel sulphide targets beneath the transported cover.
Data analysis and reporting of the interpretation by
CAV commissioned Resource Potentials (ResPot) to assist with preliminary processing, imaging, interpretation and targeting of an airborne electromagnetic survey using the VTEM Max system at the Barracuda
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Forward Looking Statements
Statements regarding Carnavale's plans with respect to the mineral properties, resource reviews, programs, economic studies and future development are forward-looking statements. There can be no assurance that Carnavale's plans for development of its mineral properties will proceed any time in the future. There can also be no assurance that Carnavale will be able to confirm the presence of additional mineral resources/reserves, that any mineralisation will prove to be economic or that a mine will successfully be developed on any of Carnavale's mineral properties.
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