Carnavale Resources Limited is an Australian exploration company based in Subiaco, Western Australia with a focus on exploration of gold and precious metals.
Arizona and Nevada Projects
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.