For thousands of other reports visit RSC's Mineral Intellingence Map
Carawine Resources Ltd.
Summary
| Project: | Oakover | |
|---|---|---|
| Deposit: | Western Star | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Manganese | |
| Date: | 11/23/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-11-2018: Carawine Resources Ltd. announces an Exploration/Drilling Update report for its Western Star deposit at the Oakover project. Drilling results incl. 4m @ 1.0% Cu from 52m. Carawine Resources Limited (“Carawine” or “the Company”) (ASX:CWX) is pl | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Micheal Cawood (Internal) | |
| ABSTRACT: | Carawine Resources Limited (“Carawine” or “the Company”) (ASX:CWX) is pleased to announce encouraging assay results from the recently completed reverse circulation (“RC”) drilling program at the Western Star prospect at its Oakover project in Western Australia’s Eastern Pilbara region (Figure 1). The results include several anomalous copper, manganese and cobalt intervals that confirm the presence of the targeted mineralisation and demonstrate exploration potential associated with major regional structures. The first-pass program, comprising 16 holes drilled for a total 1,270m, was designed to test copper, cobalt and manganese targets defined from geophysical surveys, rock chip sampling and geological mapping (see ASX announcement dated 28 August 2018 for details). A historic copper working targeted at depth returned 4m @ 1.0% Cu from 52m in altered and brecciated dolomite in drill hole WSRC001. A follow-up drill hole (WSRC014) intersected a 6m-wide cavity at the interpreted down-dip position of the mineralisation in WSRC001 (Figures 2 and 3; Table 1; Appendix 1), demonstrating the depth extent of the interpreted breccia and associated hydrothermal dissolution. On the northern-most line of drilling, which targeted depth extensions of manganese outcrops, intervals of 4m @ 21.9% Mn and 269ppm Co from surface (WSRC012) and 2m @ 6.8% Mn, 686ppm Co, and 0.2% Cu from 20m (WSRC013) were returned (Figures 2, 4 and 5; Table 1; Appendix 1). These intervals are closely associated with a major north-south fault which has several additional manganese occurrences located along its strike, representing a new target area. Carawine Managing Director David Boyd said the results from this first-pass program were encouraging, with further work required at Western Star. “The drilling confirmed that copper mineralisation, albeit narrower and lower-grade than indicated by surface sampling, extends below at least one of the historic workings at Western Star, providing evidence of a structurally-controlled mineral system with the potential for strike and depth extents. “The program also established the presence of hydrothermal, fault-hosted manganese with elevated cobalt along a significant structure which extends a further 3km north of Western Star and represents a target for future programs. The significance of these results will be assessed in relation to our other prospects within the Oakover and Paterson Projects, with further work at Western Star to be prioritised accordingly. “It’s an exciting time at Carawine, with our second phase of diamond drilling at the Hill 800 gold-copper project in Victoria commencing soon and our exploration focus in Western Australia shifting to other targets at Oakover, and to our major tenement holding in the Paterson Province where recent discoveries have ignited great interest.” | |
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