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Carnaby Advances Greater Duchess Drilling, Raises $4.2M, Holds $17.7M Cash
8:46am on Wednesday 30th of April, 2025 AEST
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Mining
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Carnaby Advances Greater Duchess Drilling, Raises $4.2M, Holds $17.7M Cash
8:46am on Wednesday 30th of April, 2025 AEST
Key Points
Initiation of ~3,400m drilling program at Trekelano targeting high-grade copper-gold deposits
Significant assay results confirming substantial copper and gold mineralisation at Mount Hope, Lady Fanny, Burke & Wills, and Nil Desperandum
Pre-Feasibility Study for Greater Duchess on track for Q3 2025 completion
Successful Tranche 2 placement raised approximately $4.2 million
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