Carnavale Resources Limited is an Australian exploration company based in Mount Hawthorn, Western Australia with a focus on exploration of gold and precious metals. Carnavale is listed on the Australian Securities Exchange (ASX), ticker symbol [CAV] and on the German Stock Exchange in Frankfurt under YBB.
Carnavale retains a net production royalty of up to US$2million which may arise from any future commercial production from the Lambouka Oil and Gas Project, located offshore between Italy and Tunisia.
Carnavale has a 100% interest in the Lake Roe Gold Project which is located 120km east of Kalgoorlie and 10-15km north of Breaker Resources' (ASX: BRB) new gold discovery at the Bombora Prospect.
Carnavale is actively assessing new opportunities in the gold, copper and cobalt sectors.