Latest Kookynie Gold Project News

Arika Resources has identified a previously unrecognised gold lode at its Kookynie project after drilling returned 19 metres at 7.99g/t gold, including 6 metres at 15.87g/t. The early-stage discovery sits above the historic Champion Main Reef and opens several follow-up targets along a 3km mineralised trend.

Carnavale Resources has completed a bankable feasibility study for its Kookynie Gold Project, outlining an 18-month open-pit operation with A$104 million in pre-tax free cash flow at a A$6,000/oz gold price. The project now has a maiden 35.6koz Ore Reserve, but still needs funding, approvals and a third-party processing deal before construction can begin.

Regener8 Resources has completed the sale of its Kookynie Gold Project to Goldarc Resources for initial consideration of A$1.5 million in escrowed shares, with up to a further A$1 million tied to future resource milestones. The deal leaves Regener8 focused on its Srebrenica North silver-zinc-lead-antimony project in Bosnia and Herzegovina.

Regener8 Resources has identified three large, coherent silver-lead-zinc-antimony soil anomalies at its Srebrenica North project in Bosnia and Herzegovina. The results give the explorer a sharper target ahead of follow-up geophysics and potential drilling, although the project remains at an early exploration stage.

Carnavale Resources has started more than 7,000 metres of aircore drilling at Kookynie while lodging environmental and mine development applications for its proposed Swiftsure and Tiptoe pits. The company says its bankable feasibility study is essentially complete, with an updated financial model and ASX release expected in October.

Arika Resources has consolidated full ownership of its two Western Australian gold projects after a year of expanding mineralisation and fresh high-grade targets. The exploration story is gathering momentum, but auditors have flagged material uncertainty around funding as the company moves into a more than 20,000-metre drilling campaign.

Carnavale Resources is approaching the final stretch of its bankable feasibility study for the 80%-owned Kookynie Gold Project, backed by a 120,000-ounce resource and strong metallurgical recoveries. The project still requires financing, a toll-treatment agreement and final economic modelling before it can move from promising study to mine development.

Regener8 Resources has agreed to divest its entire Kookynie Gold Project to Goldarc Resources for $2.5 million, combining upfront shares and milestone-based payments, freeing capital to focus on its Bosnia exploration.

Carnavale Resources has reported exceptional metallurgical results for its Kookynie Gold Project, with gold recoveries between 98% and 99% across all ore types, underpinning the project's economic viability and toll treatment prospects.

Arika Resources has locked in strong assay results extending gold mineralisation at Yundamindra and commenced drilling at Kookynie, backed by full project ownership and a $6.55 million placement.

Carnavale Resources has lifted its Kookynie Gold Project resource to 120,000 ounces and is nearing completion of its Bankable Feasibility Study, with exploration drilling set to test new targets.

Arika Resources has locked in $6.55 million through a placement led by Lion Selection Group, which will hold a 6.7% stake, to fund a major drilling campaign at its Yundamindra and Kookynie gold projects in Western Australia.