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Carawine Resources Ltd.

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Summary

Project:

Jamieson

Deposit:Hill 800
Location:Australia
Commodities:Gold-Copper-Zinc
Date:5/27/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-5-2019: Carawine Resources Ltd. announces an Exploration/Drilling Update report for its Hill 800 deposit at the Jamieson project. Drilling results incl. 101m @ 1.44g/t Au from 21m. This latest interval supports a new interpretation of the 740, 650 and
Resources:x
CP/QP:[Overall Report]: Micheal Cawood (Internal)
ABSTRACT:This latest interval supports a new interpretation of the 740, 650 and Stringer Zones as a single mineralised zone with a moderate dip towards the northwest. The new interpretation has resulted in a considerable increase in the potential for extensions of the system down-dip (Figure 1), especially the component of high-grade goldcopper mineralisation which appears to be improving in grade and widening with depth (Figures 1 to 3). Managing Director Mr David Boyd said the results from this latest hole were the “missing link” in modelling the Hill 800 mineralisation, with excellent potential now to extend the deposit at depth. “This latest drill hole establishes a single continuous, wide and high-grade mineralised zone which extends from surface to at least 150m below surface, with evidence that mineralisation continues a further 200m downdip and remains open. “This provides an excellent opportunity for future drilling to add to the already significant mineralised body at Hill 800. “The next drilling program at Hill 800 targeting the down-plunge extents of the newly defined Main Zone is expected to-commence later this year, following our current exploration program at the Paterson Project in Western Australia. “Our exploration team has recently been in the field at Jamieson, following up surface gold anomalism in the areas immediately around Hill 800 to generate additional near-surface targets. Targets generated from this work will be ranked for future drill testing with existing prospects at Rhyolite Creek, Hill 700 and Mt Sunday Road.

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