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Carawine Resources Ltd.

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Summary

Project:

Jamieson

Deposit:Hill 800
Location:Australia
Commodities:Gold-Copper-Zinc
Date:8/20/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:20-8-2018: Carawine Resources Ltd. announces an Exploration/Drilling Update report for its Hill 800 deposit at the Jamieson project. Drilling results incl. 66m @ 2.49g/t Au from 34m. Minerals explorer Carawine Resources Limited (“Carawine” or “the Company
Resources:x
CP/QP:[Overall Report]: Micheal Cawood (Internal)
ABSTRACT:Minerals explorer Carawine Resources Limited (“Carawine” or “the Company”) (ASX:CWX) is pleased to announce a fantastic conclusion to its maiden diamond drilling program at the 100%-owned Hill 800 gold prospect in northeastern Victoria. Managing Director David Boyd said the results capped off an extremely successful drilling program at Hill 800. “These latest results confirm the mineralisation model we have developed for Hill 800, with outstanding high grades and widths returned throughout all three mineralised zones identified to date. “Clearly, Hill 800 is shaping up as a very significant and exciting new gold deposit. “We have several additional targets to follow-up, including open extensions to the 740 Zone and the Footwall Stringer Zone, potential repeats of mineralisation at depth and an untested conductor target beneath the entire system. “The results from our maiden drilling program provide a strong platform from which we can build with our next phase of drilling, planned to commence later this year. This will be designed to generate sufficient information to produce our first Mineral Resource estimate for Hill 800. “Work is also well advanced on a review of regional exploration targets elsewhere within the Jamieson Project, including zinc-gold-silver and gold-copper targets at Rhyolite Creek. We look forward to updating the market with the results of this work, and our planned exploration programs at Jamieson in the near future”.

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