THE DRILL SERGEANT: Carawine Resources (ASX: CWX) reported assay results from twenty air-core (AC) holes recently drilled at the Don King prospect, part of the company’s Tropicana North project in Western Australia.
Carawine Resources completed three wide-spaced drill traverses have defined two new +10ppb anomalous gold zones (peak 86ppb Au), up to 2km in strike length and up to 1.5km wide associated with major structural trends just 30 kilometres along strike from the large Tropicana gold mine (owned by AngloGold Ashanti Australia Ltd & IGO Ltd).
“These results from just our first drilling program at Don King establish the potential for significant gold discoveries on the tenement,” Carawine Resources managing director David Boyd said in the company’s ASX announcement.
“There are now three parallel mineralised structures at Don King, in rocks and structures similar to those hosting Tropicana, just 30 kilometres up the road.
“We will now plan follow-up drilling which is likely to include infill AC drilling of the anomalies announced today, before deeper drilling to test their source, and extending our AC coverage further east into areas where there has been little or no drilling to date.
“Meanwhile, our exploration team are expected to mobilise to Tropicana North in the coming weeks as we prepare for follow-up drilling programs at our high-grade Hercules gold prospect.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE