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The juniors raising cash this week

Carnavale Resources Ltd (ASX:CAV) has received firm commitments to raise $3.1 million in a placement along with director subscriptions to fast-track...

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 e...

Carnavale Resources wraps up Phase 3 aircore drilling on exploration fast-track at Kookynie Gold Project The program was designed to infill and extend the high-grade anomalies outlined in previous drilling in December 2020 and March 2021. The first assay results will be reported towards the end of June 2021. Carnavale Resources Ltd (ASX:CAV) (FRA:YBB) has successfully completed its third aircore drilling program of 135 holes for 7,432 metres at the Kookynie Gold Project 60 kilometres south of Leonora in the Western Australian Goldfields. The program was designed to infill previ...

Carnavale Resources gains a strong mix of exploration and corporate skills with appointment of new CEO Humphrey Hale has already made a strong contribution to the company as a consultant and Carnavale is likely to benefit from his strong mix of exploration and corporate skills. He has over 25 years of experience in the resource industry, exploring and developing assets. Carnavale Resources Ltd (ASX:CAV) (FRA:YBB) has appointed Humphrey Hale, a resource industry veteran, as chief executive officer (CEO) effective June 1, 2021, a move that will benefit the company as he brings a str...