CAV 0.00% 0.2¢ carnavale resources limited

drilling update

  1. 315 Posts.
    21 February 2008
    ASX Announcement
    Drilling Update
    The Directors of Carnavale Resources Limited advise that drilling at the Parmegiana Iron Ore
    project in Brazil has been temporarily suspended due to adverse weather conditions, namely
    excessive rain and flooding which have caused the site to become dangerous and unsuitable for
    drilling.
    At this stage, it is expected that the drilling campaign will recommence in mid March 2008, subject
    to favourable weather conditions.
    Assay results from drilling carried out at the the Parmegiana Iron Ore project and the Frei Martinho
    Molybdenum project in December 2007 and January 2008 are expected in mid March 2008.
    Yours faithfully,
    Paul Jurman
    Company Secretary
    For further information in respect of Carnavale, please contact:
    Ron Gajewski Klaus Eckhof Jill Thomas or David Tasker
    Director Director Investor Relations
    Tel: +61 8 9240 6876 Tel: +61 411148209 Tel: +61 8 9388 0944
    Email: [email protected] Email: [email protected] Email: [email protected]
    Carnavale Resources website: www.carnavaleresources.com.au.
 
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