Proactive Investors - Run By Investors For Investors

Carnavale Resources reveals positive initial drill results from Kikagati Tin Project

Two additional larger capacity drill rigs have arrived on site and are intended to accelerate the program.
Cassiterite crystals in the drill core
Cassiterite crystals in the drill core

Carnavale Resources Limited (ASX:CAV) recently commenced a 2000-metre diamond drilling program at the Kikagati Tin Project in Uganda.

To date, three holes have been completed for a total advance of 476 metres.

The drilling aims to test the prospective 100-metre thick quartzite unit, which hosts extensive artisanal workings at surface over an area of 2500 metres x 200 metres.

Importantly, visible coarse-grained cassiterite (a tin-bearing mineral) crystals have been logged in drill hole KKDD003.

Cassiterite crystals in the drill core

The quartz veins occur as stacked veins perpendicular to the dip of the quartzite unit.

Additional mineralisation is expected to occur along fine-grained layer parallel alteration units now weathered to fine tourmaline and clays.


Carnavale had signed an exclusive and binding option agreement to earn-in up to 70% of the Kikagati Tin Project.

The project covers an area of about 83 square kilometres, comprising seven exploration permits and a mining lease which spans extensive surface and shallow underground artisanal workings over at least 2 kilometres of strike.

Forward plan

Two additional larger capacity drill rigs have arrived on site and are intended to accelerate the program over the coming weeks.

All sampling remains to be undertaken.

READ: Carnavale Resources intersects high-grade nickel and cobalt mineralisation near Kalgoorlie

View full CAV profile View Profile

Carnavale Resources Limited Timeline

January 30 2017
June 12 2015
September 17 2014

Related Articles

oil rig
November 22 2018
A1 is some 19 kilometres from the Tendrara production concession area and seen as a potential major expansion of its existing discoveries
October 26 2018
"The nature of the Hot Creek Valley geology is posing challenges."
January 21 2019
The company aims to expand its portfolio of hydrocarbon resources as it prepares oil and gas projects for production and continues its regional exploration work.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use