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Carnaby Resources plans to kick off a 4000m drilling program next week after promising signs at its Nil Desperandum prospect in North-West Queensland.

Managing director Rob Watkins said Nil Desperandum and Carnaby’s other Greater Duchess prospect areas were rapidly emerging as an exceptional camp of high-grade copper-gold targets.

“We are genuinely excited about the targets and as such we have bought forward the 4000m RC drilling program, which will now commence next week,” he said.

Four strong IP conductors have been generated at the Nil Desperandum prospect, providing immediate walk-up drill targets.

This stemmed from a 15-line km ground Induced Polarisation (IP) pole / dipole survey at Nil Desperandum, Mount Birnie and Duchess, completed for Carnaby by Planetary Geophysics (with results processed by Southern Geoscience Consultants).

The company said IP results from the Mount Birnie and Duchess prospects were being processed and would be announced shortly.

The prospects lie within the Mary Kathleen IOCG belt which also hosts Hammer Metals’ new Trafalgar copper discovery to the north.

Nil Desperandum is a series of shallow historical workings over a 1.5km strike that was last drilled in 2007 prior to the GFC.

Carnaby said historical drilling had intersected very significant widths and grade of copper-gold mineralisation (up to 50m at 1.1 per cent copper).