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13.07.2010
Carnavale Resources: Lambouka-1 Well Operations Update

Balcatta, Western Australia. Carnavale Resources Limited ("Carnavale" or the "Company") acknowledges the ASX Announcement released from farm-in partner AuDAX Resources Limited.

Please see attached AuDAX Resources press release below for more details.

Yours faithfully,

Ron Gajewski
Executive Director

For further information in respect of Carnavale please contact:

Ron Gajewski
Director
Tel: +61 8 9240 6876
Email: gajewskir@crcpl.com.au

Paul Jurman
Company Secretary
Tel: +61 89240 6876
Email: jurmanp@crcpl.com.au

Carnavale Resources website: http://www.carnavaleresources.com.au/

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Dislaimer: This document may contain forward-looking information based on management's expectations, estimates and projections. These statements are not a guarantee of future performance and involve a number of risks, uncertainties and assumptions.

The Australian Stock Exchange has neither approved the information contained herein nor accepts responsibility for the adequacy or accuracy of this release.
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