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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. ....
Carnavale Resources Ltd hits bonanza grade gold at Kookynie Project proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
Proactive news headlines including Pan Asia Metals, Carnavale Resources, Archer Materials and ... apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
S&P/ASX 200 hits 15-month high as material, banking shares surge Companies S&P/ASX 200 hits 15-month high as material, banking shares surge Brent crude oil prices rose by 25 cents to US$69.12 a barrel on Thursday, helped by strong U.S. economic data that offset investors’ concerns about the potential for a rise in Iranian supplies. The U.S. job market edged closer to its pre-pandemic self as initial jobless claims totalled just 406,000 for the week ended May 22. S&P/ASX 200 (INDEXASX:XJO) rallied as much 1.25% to 7,183 points earlier today, its best level since February 20, 2020. The materials sector was leading the gains with financials, energy, industrials and consumer staples also lending support. ....