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Carawine Resources Ltd.

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Summary

Project:

Jamieson

Deposit:Hill 800
Location:Australia
Commodities:Copper-Gold
Date:5/14/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:14-5-2020: Carawine Resources Ltd. announces an Exploration/Drilling Update report for its Hill 800 deposit at the Jamieson project. Drilling results incl. 67m @ 2.94g/t Au, 0.1% Cu from 231m. Gold and base metals explorer Carawine Resources Limited (“Car
Resources:x
CP/QP:[Overall Report]: Micheal Cawood (Internal)
ABSTRACT:Gold and base metals explorer Carawine Resources Limited (“Carawine” or “the Company”) (ASX:CWX) is pleased to announced new results from its drilling program at Hill 800 which extend mineralisation at depth, with increased gold grades. Also announced today are results from a drill hole targeting the first of several magnetic anomalies, intersecting alteration typically associated with fertile copper-gold porphyry systems. Hill 800 is an advanced gold-copper prospect within Carawine’s 100%-owned Jamieson Project, located in northeast Victoria. Assay results from drill hole H8DD022, targeting the down-dip and southern strike extent of Hill 800 mineralisation returned the following outstanding interval (Figure 1): This latest interval contains sulphide rich quartz vein sets, which define a very high-grade gold zone within Hill 800 with a down-dip extent of at least 150m when combined with similar high-grade intervals in surrounding drill holes. Drill hole H8DD022 has extended mineralisation at Hill 800 by at least 80m downdip, where it remains open at depth and along strike to the south (Figure 2).

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