Carnaby Resources Limited announced additional drill results from the Greater Duchess Copper-Gold Project in Mt Isa, Queensland. Results from the four remaining RC holes drilled at Lady Fanny at the end of 2021 have all recorded strong high-grade copper-gold results. LFRC008 was drilled under the ~10m deep Lady Fanny east pit intersecting two significant parallel lodes with high grade copper and gold mineralisation over broad widths.

Shallow workings were intersected in the top part of the hole where stope voids were recorded from 22-23m and 32-33m. Mineralisation was intersected from the start of the hole and additional drilling is required to step back and test the full width of mineralisation at the surface. LFRC022 was drilled under the ~10m deep Lady Fanny east pit intersecting two significant parallel lodes with broad widths of copper and gold mineralisation intersected.

Mineralisation was intersected from the start of the hole and additional drilling is required to step back and test the full width of the western mineralised shoot. LFRC022 was drilled on section and up dip from LFRC009 which intersected 27m @ 2.8% copper, 0.8 g/t gold from 61m. LFRC021 and LFRC004 were drilled south of the main Lady Fanny workings and have intersected a continuous lode horizon now defined by drilling over greater than 200m strike.

The Lady Fanny line of lode remains completely open south of LFRC021 where the outcropping mineralisation tracks under shallow alluvium and remains completely undrilled. The Lady Fanny prospect is rapidly emerging as a significant IOCG discovery only 3 km north of the spectacular Nil Desperandum discovery. To date first pass RC drilling has only scoped out the southern 200m strike of the workings where every drill hole has intersected significant mineralisation and broad zones of copper gold mineralisation in some stunning drill intersections.

Extensive workings exist for a further 200m strike north from the closest drilling and remain undrilled due only to the drill rig not completing the planned program prior to the Christmas break.