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Carnaby Resources Limited (ASX: CNB) has made significant progress in advancing its exploration portfolio, particularly at the Greater Duchess Copper-Gold Project in Queensland. The company reported encouraging drill results highlighting high-grade copper-gold mineralisation zones, reinforcing the potential for large-scale development. Notably, assays returned multiple intercepts with strong copper and gold grades, supporting confidence in resource expansion. Alongside drilling, Carnaby continues to progress geological and geophysical surveys to refine exploration targets and unlock additional upside across its tenements. The company remains committed to a disciplined exploration approach, balancing technical progress with efficient capital deployment. With growing demand for copper as a critical mineral in electrification, Carnaby is strategically positioned to benefit from market trends while advancing its Queensland projects towards development. Overall, the latest updates underline CNB’s strategy of unlocking long-term value through focused exploration and resource growth.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.