Exceptional High Grade Breccia Drill Results from Trek 1

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Stock Carnaby Resources Ltd (CNB.ASX)
Release Time 25 Mar 2026, 8:44 a.m.
Price Sensitive Yes
 Exceptional High Grade Breccia Drill Results from Trek 1
Key Points
  • 8.1m @ 9.9% CuEq including 4.3m @ 16.5% CuEq
  • Excellent continuity of high grade breccia shoot over 600m
  • Significant additional upside with Footwall Lode discovery
Full Summary

Carnaby Resources Ltd has announced further exploration drill results from the Greater Duchess Project in Mt Isa, Queensland, highlighting exceptional high-grade copper-gold breccia mineralization at the Trek 1 prospect. Key results include:- CBDD017W5: 8.1m (TW~5m) @ 9.9% CuEq (8.0% Cu, 2.2g/t Au), including 4.3m (TW~3m) @ 16.5% CuEq (13.2% Cu, 3.9g/t Au)- CBDD017W7: 4.2m (TW~3m) @ 8.7% CuEq (8.2% Cu, 0.5g/t Au)- CBDD017W2: 8m (TW~3m) @ 4.9% CuEq (2.4% Cu, 2.9g/t Au), including 3m (TW~1m) @ 12.8% CuEq (6.3% Cu, 7.7g/t Au)- CBDD017W3: 8.7m (TW~3m) @ 1.1% CuEq (1.0% Cu, 0.1g/t Au), including 0.6m (TW~0.2m) @ 14.1% CuEq (13.3% Cu, 0.9g/t Au)These new results highlight the excellent continuity and grade of the 600m extension below the Trek 1 Ore Reserve Open Pit, with the high-grade breccia shoot remaining open at depth. The company also notes significant additional upside potential with the discovery of a new Footwall Lode, where previous results of 6m @ 12.6% CuEq remain open.