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Carnavale Resources moves to 80% ownership at Kookynie Gold Project The gold and nickel sulphide explorer has increased its holding in the Kookynie project, a relatively new exploration target in the heart of a gold camp that has historically produced over 650,000 gold ounces. Carnavale Resources has acquired 80% of a key WA gold project. Carnavale Resources Limited has exercised its option to acquire 80% of the WA-based Kooykynie Gold Project from Western Resources Pty Ltd. The explorer secured the option back in August 2020, adding the first gold project to its nickel sulphide exploration portfolio. Last year, Carnavale paid $100,000 and 37.5 million shares to secure the Kookynie option now, it will pay a futher $250,000 and 50 million shares to acquire 80% of three tenements from Western Resources, which will free carry to a bankable feasibility study.

Western australiaRon gajewskiCarnavale resourcesResources pty ltdCarnavale resources limitedKooykynie gold projectWestern resources ptyWestern resourcesKookynie gold projectKookynie projectKookynie gold mining campமேற்கு ஆஸ்திரேலியாரோன் கஜெவ்ஸ்கிவளங்கள் ப்டி லிமிடெட்மேற்கு வளங்கள்கூக்கய்நிஎ தங்கம் ப்ராஜெக்ட்