Carnaby Resources Ltd
Carnaby Resources Limited is an exploration and development company.
The business
Carnaby Resources Limited is an exploration and development company. The Company is focused on copper and gold projects in the Mount Isa Inlier of Queensland and the Pilbara’s Mallina Basin and Yilgarn Margin of Western Australia. Its flagship Greater Duchess Copper Gold Project is located approximately 70km southeast of Mount Isa in Queensland and centered around the historical Duchess copper mining district. The Greater Duchess Copper Gold project encompasses 1,921 square kilometers (km2) of Iron Oxide Copper-Gold (IOCG) prospective tenure, including its Mount Hope, Nil Desperandum and Lady Fanny deposits. The Company’s Pilbara Gold and Lithium Projects comprise the Strelley, Mt Grant and Goldsworthy Gold Projects and the Big Hill Lithium Project. Each of these projects are located in the prospective Mallina Basin of Western Australia, northeast of the Hemi gold deposit of De Grey Mining Ltd. Its Yilgarn Margin Projects comprise the Malmac and Throssel Projects.
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Latest news
Latitude 66 Raises $6m with Sale of Greater Duchess Stake to Carnaby Resources
Latitude 66 (ASX: LAT) will utilise new funds from the sale of its remaining interest in the non-core Greater Duchess copper-gold joint venture in Queensland to further develop the company’s Australian and international assets. Latitude and Carnaby Resources (ASX: CNB) hope to complete the transaction in the current quarter after Carnaby agreed to acquire the […]
Latitude 66 to Divest 17.5% Stake in Non-Core Greater Duchess Copper-Gold JV
Diversified gold and critical minerals company Latitude 66 (ASX: LAT) will receive a significant boost to its bank balance after agreeing to sell its 17.5% interest in the Greater Duchess joint venture in Queensland. Under a non-binding term sheet, Latitude 66 can receive an upfront cash consideration of $2 million payable upon completion with a potential […]
Carnaby Resources strikes high-grade copper-gold in maiden Trekelano drilling
Carnaby Resources (ASX: CNB) has returned promising copper and gold hits in its maiden drilling campaign at the Trekelano project in Mt Isa, Queensland. The company made a strategic move to acquire Trekelano in November 2024 due to its proximity to its Greater Duchess copper-gold project. Carnaby expects to complete the Trekelano acquisition in the […]
Small cap starter kit for the next phase of the battery boom
Battery metal stocks have outperformed the broader market for the past two years with the result being that most of the better-known companies are no longer small caps which is why a small-cap “starter kit” might be useful for the next phase of the battery boom. Three stocks best demonstrate the problem for late arrivals […]
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