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CAV – Carnavale Resources Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Carnavale Resources Limited is a mineral exploration company. It is focused on acquiring, exploring and development of projects prospective for gold, nickel, platinum group elements (PGE) and minerals associated with the electric vehicle battery sector, including other new-age disruptive technologies. The Company’s projects include the Kookynie Gold Project, Ora Banda South Project, Barracuda Ni Cu PGE Project and Grey Dam Ni-Co Project. The Kookynie Gold Project is located approximately 60 kilometers (km) south of Leonora and 150 km north of Kalgoorlie in Yilgarn Craton, Western Australia. The Project covers an area of approximately 50 square kilometers, comprising two exploration licenses E40/355, E40/394. The Ora Banda South Project covers an area of approximately 25 square kilometers, located 65 km northwest of Kalgoorlie in the Yilgarn Craton, Western Australia. The Grey Dam Ni-Co Project is located near Kurnalpi approximately 90 km northeast of Kalgoorlie, West Australia.

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