Article

Carnaby Resources announced new copper-gold drill results from its Trek 1 prospect in Queensland's Greater Duchess project. Broker Euroz Hartleys maintains a Speculative Buy rating and AU$0.80 price target, citing development-ready shallow intercepts that may reduce mining costs. Significant results include 20 meters at 1.4% copper-equivalent, with a notable interval of 1 meter at 0.6% copper and 1 g/t gold.