THE DRILL SERGEANT: Carawine Resources (ASX: CWX) has a program of diamond drilling underway at the company’s 100 per cent-owned Jamieson project in Victoria.
Carawine Resources is currently advancing two prospect areas at the Jamieson project: Hill 800 and Rhyolite Creek while exploring for a porphyry source to gold and copper mineralisation in the region.
The program is to consist two diamond holes, the first of which is to be an extension of drill hole H8DD023, and will test the M2 copper-gold porphyry magnetic anomaly, located 700 metres south of Hill 800.
Unsurprisingly, the second drill hole is planned to follow the first, and will test the down-plunge extents of a high-grade gold interval the company reported earlier this year of:
11m at 13.9 grams per tonne gold from 278m, including 2m at 74.8g/t gold, 0.4 per cent copper from 290m.
“It’s great to be drilling again in Victoria with a number of exciting targets to test over coming months, starting with the M2 porphyry target just south of Hill 800 and our search for the porphyry system we believe is driving the high-grade gold and copper mineralisation at Jamieson,” Carawine Resources managing director David Boyd said in the company’s ASX announcement.
“We look forward to providing updates to the market as drilling progresses and results are received.”
Over in Western Australia, Carawine signalled it is about to commence drilling at the company’s Tropicana North gold project, located in the Tropicana and Yamarna regions of WA’s north-eastern goldfields.
The first program is a reverse circulation (RC) drilling program targeting extensions to high-grade gold mineralisation at the Hercules and Atlantis prospects.
A regional air core drilling program targeting extensive near-surface gold anomalies along the Hercules Shear Zone is expected to commence soon after the RC program begins.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE