CARNAVALE RESOURCES LIMITED — Board/Management Information 2007

Oct 15, 2007

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16 October 2007 ASX Announcement

Appointment of Technical Consultant

The Directors of Carnavale Resources Limited are pleased to announce the appointment of Mr. Klaus Eckhof as a Technical Consultant to the Company.

Mr. Eckhof (MAusIMM) is a senior exploration geologist who has global contacts and has been instrumental in sourcing and developing successful projects in Australia, Africa, Russia, South America and the Philippines. He is currently a Director of Moto Goldmines Limited, which is listed on the Toronto Stock Exchange.

The Board welcomes Mr Eckhof’s appointment as the Company expands its exploration programs on the Iron Ore and Molybdenum projects in Brazil.

Yours faithfully,

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Paul Jurman

Company Secretary

CARNAVALE RESOURCES LIMITED

ABN 49 119 450 243 30 Ledgar Road, Balcatta Western Australia 6021

T: +61 8 9240 6876 F: +61 8 9240 2406

E: admin @carnavaleresources.com

W: www.carnavaleresources.com

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