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Carnavale Confirms Bonanza Grades as Kookynie Feasibility Study Advances

10:00am on Monday 20th of April, 2026 AEST Mining
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Carnavale Confirms Bonanza Grades as Kookynie Feasibility Study Advances

10:00am on Monday 20th of April, 2026 AEST
Key Points
  • Bonanza-grade gold confirmed near surface at Swiftsure and Tiptoe
  • Infill drilling on 10m x 10m grid supports upgrade to Measured resource category
  • BFS on track for early Q3 2026 completion with detailed metallurgical and geotechnical work
  • October 2025 Scoping Study shows A$188m NPV8 and 165% IRR at A$5,500/oz gold price
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