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Can Carnaby's Scoping Study Chart a New Course for Greater Duchess? — ASX:CNB| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$CNB
Can Carnaby's Scoping Study Chart a New Course for Greater Duchess?
Carnaby Resources Explores Greater Duchess: A Mining Odyssey in the Making
Carnaby Resources Limited (ASX: CNB), a prominent figure in the mining sector, is actively unfolding the narrative of its Greater Duchess Copper Gold Project located in the heart of Mt Isa, Queensland. Led by a distinguished team and boasting significant mineral deposits, Carnaby is forging ahead with its Scoping Study.
What & Where?
The Scoping Study aims to explore potential mine development scenarios and assess processing options for the Greater Duchess Project, covering over 1,921 km² in the Mt Isa inlier, Queensland. This study delves into the standalone development concept versus leveraging third-party processing facilities in the region.
When?
With the study slated for completion in the first quarter of 2024, Carnaby is navigating an intricate mining landscape, carefully evaluating strategies that could define the project's trajectory.
Why & How?
The crux lies in identifying the optimal pathway – weighing standalone development against third-party processing. Carnaby
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is actively engaging with various processing facilities in the region to ascertain the most economically viable route for Greater Duchess. Additionally, the company is conducting metallurgical test work in collaboration with Glencore International AG to assess ore potential.
Where to Next?
Greater Duchess is strategically positioned, surrounded by top-notch infrastructure and a seasoned workforce, setting the stage for a potential mining marvel. The study's anticipated outcomes may pave the way for a Pre-feasibility Study in early 2024, further solidifying Carnaby's aspirations in the battery metals-driven copper domain.
Carnaby's Greater Duchess saga holds promise for a significant milestone in the mining realm, offering a glimpse into a project poised to make a substantial mark in the industry's landscape. With the ongoing Scoping Study and a vision for the future, Carnaby Resources propels itself toward a defining chapter in the world of copper and gold mining.
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L
Lykeshares
133d
Official
Berkshire is hoarding so. much. cash.
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L
Lykeshares
133d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
164d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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