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Carnaby Resources Strikes Copper-Gold Potential
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Carnaby Resources Strikes Copper-Gold Potential

Carnaby Resources Ltd. (AU:CNB) has released an update.

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Carnaby Resources Ltd. reports promising copper and gold exploration results at their Greater Duchess Project in Queensland, including the discovery of high-grade copper mineralisation at the new San Quentin Prospect and significant drill results at Burke & Wills and Deejay Jude sites. The company is optimistic as the new findings align with VTEM conductors, suggesting potential for further discoveries in the region, although a backlog of over 3,200 samples is pending due to slow lab turnarounds.

For further insights into AU:CNB stock, check out TipRanks’ Stock Analysis page.

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