For thousands of other reports visit RSC's Mineral Intellingence Map
Carawine Resources Ltd.
Summary
| Project: | Jamieson | |
|---|---|---|
| Deposit: | Hill 800 | |
| Location: | Australia | |
| Commodities: | Gold-Copper-Silver-Zinc | |
| Date: | 6/25/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-6-2018: Carawine Resources Ltd. announces an Exploration/Drilling Update report for its Hill 800 deposit at the Jamieson project. Drilling results incl. 37m @ 4.91g/t Au, 0.4% Cu from 177m. Minerals explorer Carawine Resources Limited (“Carawine” OR “t | |
| 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 further outstanding assays results from diamond drilling at its 100% owned Hill 800 gold prospect in north eastern Victoria, intersecting a significant zone of high grade gold-copper mineralisation. Assay results from drill hole H8DD002 have been received, returning the following intervals The drill hole intersected a strongly mineralised, gold- and copper-rich “stringer” zone at about 185m below surface and beneath the silica-sericite-pyrite-gold mineralisation previously reported from the prospect. The new zone correlates with historic high-grade mineralisation, demonstrating continuity between holes and providing an exciting additional target at Hill 800. Flakes of coarse gold up to 4mm across are present within the interval, associated with quartzchalcopyrite stringer veining (Figure 1). Stringer zones similar to those observed in H8DD002 are typical of the feeder zones to VHMS deposits, again highlighting the significant potential of the prospect. Managing Director, David Boyd said these drill results are a terrific way to follow an already outstanding start to the program. “This is only the second hole of our diamond drilling program, and we have established the presence of high grade gold-copper mineralisation at depth under Hill 800. We expect the relative geometries of the two systems to become clearer as the program continues. However, at this early stage it looks like we have two complementary styles of gold and gold-copper mineralisation: a shallow gold-only system with consistent grades, and a deep gold-copper system with much higher grades. We look forward to incorporating additional results into our understanding of the system as they are received.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report