Articles On Carnavale Resources (ASX:CAV)

There was strong activity in capital raising this week, with Nickel Mines (NIC) a clear leader, seeking over $300 million to fund the acquisition of another nickel project in Indonesia. The project is Oracle Nickel and it’s being acquire...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Carnavale Resources (CAV) raises $2.64 million in an oversubscribed placement to fund exploration activities at its Kookynie gold project in Western Australia The company will issue about 204 million new shares at a price of $0.011 per sha...

“This is a validation of the asset portfolio we have assembled, coupled with our management team who has extensive knowledge of the projects and their potential." It "puts Carnavale in a strong financial position to accelerate exploration p...

Carnavale Resources (CAV) placed its shares in a trading halt in regards to an upcoming capital raising The company will remain in the halt until February 10 or when further details are released, whichever occurs first On January 31, the c...

GTI is spinning off its Niagara gold project near Kookynie, Western Australia to focus on its US uranium assets ahead of a supply shortage of the energy metal. The company will sell Niagara to Regener8 Resources, which plans to list on the...

It was a rough month for equities, but the ASX microcaps January winners list still made for positive viewing. For context, a quick rewind to 2021 is in order (what a year). In just 12 months, there were more than 180 IPOs on the ASX (quick...

The ASX200 has vacillated all of Monday in a whiny, unattractive way for a major global index. Like a Kardashian (name one) unable to get out of bed, the heavyweight financial names and the major miners are just dragging everyone lower, dow...

Follow-up RC drilling is planned to grow this bonanza-grade gold discovery and test other targets.

As inflation sticks around and rate hikes come into play then volatility will pick up, the general consensus says. But volatility doesn’t mean a one way ticket into the red sea – it also means stocks can go back up after they slump. So it w...

“The five copper and nickel anomalies at Grey Dam are encouraging and provide an initial focus for the planned EM surveys along this prospective sequence,” says MD.

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

The share market skidded almost 2.3 per cent to its weakest close in seven months as falling US equity futures compounded overnight losses on Wall Street. The S&P/ASX 200 sank 166.6 points or 2.27 per cent. At 7176, the close was the...

Highlights The ASX Small Ordinaries index (ASX:XSO) has plunged 2.28% to 3,329, as of 1:00 PM AEDT. CAV, XRG and RGI are some of the ASX penny stocks going against the grain today. One should not underestimate the risk while investing...

The share market slumped to a new 2022 low as US futures declined in the wake of last night’s late Wall Street flame-out. The S&P/ASX 200 fell 112 points or 1.53 per cent to 7230. The decline set the index on track for its weakest cl...

Neometals spin out Widgie Nickel begins diamond drilling at Mt Edwards project Carnavale waiting on  gold assays, due before end of the month Energy Metals (uranium), Orange Minerals (gold, copper) and Nelson Resources (gold) up on no news...

The ASX 200 posted a small 0.11 fall on Tuesday, outperformed by the small end of town as the microcap Emerging Companies index rose by 0.66%. There were no clear catalysts as Asian markets struggled for direction after Wall Street was clos...

Carnavale Resources (CAV) discovers new high-grade gold lode at its Kookynie gold project north of Kalgoorlie, Western Australia The company says wide high-grade gold mineralisation intersected in fresh bedrock with mineralisation remainin...

Wide, high-grade gold mineralisation has been intersected in fresh bedrock with an internal zone of 10 metres assaying more than 1.0 ounces per tonne.

Wide, high-grade gold mineralisation has been intersected in fresh bedrock with an internal zone of 10 metres assaying more than 1.0 ounces per tonne.

Gold and junior resources stocks were some of the only companies to stand out on Friday during a lacklustre session which saw the ASX 200 fall by 1.09%. The big end of town was outperformed by the microcap Emerging Companies index which edg...

Ouch. The ASX has closed the third trading day of the year with a melt down of 2.74%. The Australian sharemarket has suffered its biggest one-day fall in 16 months, since 4 September 2020. The selling has been widespread with every sector...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The company is planning more detailed, follow up aircore drilling to extend and expand the exciting new anomalies at the Carnage, Highlander and Ghan Dam prospects.

The ASX had another day of solid gains, hitting a three week high with tech and resources leading the charge. The ASX 200 rose 1.25%, closing at 7,405 and while all sectors were in the green, resources and tech both were the best – gaining...

“The Windimurra Igneous Complex is a very large system that is anomalous in PGE, nickel and chrome within Carnavale’s Barracuda project,” says CEO.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

Carnavale Resources (CAV) completes its initial program to test the McTavish East prospect at the Kookynie Gold Project in WA The initial reverse circulation drilling program was made up of 21 holes for 2,987 metres All samples were submit...

“This initial RC program was designed to follow up bonanza gold intercepts in geological structures identified in recent aircore programs in the regolith. We look forward to the assay results in the new year,” says CEO.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

"We are very excited to have discovered a new gold zone with bonanza grades … now we have begun to drill deeper with RC to unlock the high-grade gold potential at depth,” says MD.

Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and...

The aim of the UFF soil sampling program is to define geochemical anomalism that can help Carnavale economically vector into target zones that could host Kambalda-style nickel sulphides under cover.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

The ASX finished September on a solid note but not enough to avoid the worst month since March 2020. The ASX 200 closed at 7,332 points which was 1.88% higher than yesterday but nearly 3% lower than it started the month at. However it is up...

Local stocks closed in the red on Wednesday (as expected), after US stocks posted their biggest fall since June overnight. The ASX 200 threatened to tank early but gained back some ground in afternoon trade to finish 1.08% lower. By sector,...

The aircore drilling program was designed to test targets identified by previous soil sampling program, previous aircore gold anomalies and structural targets under alluvial cover.