Carnavale Resources Limited (“Carnavale” or “Company”) is a West Australian based, mineral exploration company listed on the Australian Securities Exchange (CAV.ASX) and on the German Stock Exchange in Frankfurt (YBB.FF). The Company is focused on acquiring and exploring high quality and advanced exploration and development projects prospective for gold, nickel, PGE and strategic minerals associated with the electric vehicle battery sector including other new-age disruptive technologies.

Carnavale has brought together a team of experienced exploration geologists, with a history of exploration success, to unlock the potential of Carnavale’s exciting exploration opportunities.

The increasing global demand for electric vehicle batteries and green electricity generation is predicted to increase significantly over the next decade in various forms of new age technologies. Additional demand will come from robotics, renewable energy, energy storage and computer technology.

Our Projects

Carnavale Resources Limited (ASX:CAV) has signed an exclusive and binding Option Agreement with Western Resources Pty Ltd, a West Australian private company, to acquire 80% of the high-grade Kookynie Gold Project (“KGP”, “Project”), located 60km south of Leonora and 150km north of Kalgoorlie in Yilgarn Craton, Western Australia (Figure 1). In addition the Company acquired 100% of P40/1480 and 100% of application E40/394.

Carnavale signed an option to acquire 80% of the Ora Banda South Project which covers an area of approximately 25km2, located 65km northwest of Kalgoorlie in the Yilgarn Craton, Western Australia.

Carnavale owns 100% of the Grey Dam Ni-Co Project (“Project”), located near Kurnalpi approximately 90km northeast of Kalgoorlie, West Australia. The project is considered prospective for nickel sulphide, kambalda style mineralisation. The tenement package also hosts a shallow laterite Ni-Co resource as well as structurally controlled gold anomalies. In November 2019, Carnavale added to their existing tenement package by securing the right to acquire up to 80% of the adjacent tenement portfolio held by Mithril Resources Ltd (ASX:MTH).

The Company acquired 100% of the Barracuda Platinum-Palladium-Nickel-Copper (PGE-Ni-Cu) Project in March 2021. The Project is (granted license E58/551) located 60km east of the gold mining town of Mt Magnet in the Murchison district of Western Australia.

ASX Announcements

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Carnage and Highlander continue to grow along the 15km Carnage shear at Ora Banda South Gold

Moving Loop EM survey underway at Grey Dam targeting Nickel sulphides

Appendix 3Y

Conversion or Payment up of Unquoted Equity Securities

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About Carnavale

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