THE DRILL SERGEANT: Carawine Resources (ASX: CWX) has kicked off follow-up RC drilling at the Hercules prospect, part of the company’s Tropicana North project located in the Tropicana and Yamarna regions of Western Australia’s north-eastern goldfields.
Carawine Resources is conducting the drilling targeting extensions to the gold discovery reported at Hercules earlier this year.
“The company is moving quickly to consolidate its understanding of Hercules, two months after announcing the prospect’s potential to become a major new high-grade gold deposit in WA’s north-eastern goldfields,” Carawine Resources managing director David Boyd said in the company’s ASX announcement.
“We are looking forward to the next three months of strong exploration activity at Tropicana North, starting with this RC drilling program at Hercules and then diamond core drilling planned to follow.
“Results will be reported progressively throughout the programs, as they become available.
“We have also planned additional RC drilling to explore our Big Freeze gold prospect, a 900 metres-long, greater than 0.3 grams per tonne gold anomaly defined from regional drilling along the Hercules Shear Zone, once the Hercules program is complete.
“This also gives us the option of continuing with a second phase of drilling at Hercules to follow-up on positive results.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE