Carnavale Resources Limited is an Australian exploration company based in Mout Hawthorn, Western Australia with a focus on exploration of gold and precious metals.
Lambouka Oil and Gas Project
Carnavale Resources Limited still retains a net production royalty of up to US$2 million in the Lambouka Oil and Gas Project which may arise from any future commercial production.
The Board is continuing to review a number of potential new projects. The Company remains diligent in its assessment of assets at all time and is therefore prepared to commit necessary expenditure on due diligence and other studies before committing to a transaction.
Carnavale has a 100% interest in the Lake Roe Gold Project which is located 120km east of Kalgoorlie.