Gold and base metals explorer Carawine Resources Limited (ASX:CWX) continues to expand the Hercules prospect with its Tropicana North Gold Project in Western Australia.
Final assay results from the recently completed diamond drilling programme at Hercules has extended a mineralised zone parallel to and south of the main mineralised zone, providing an additional target for future exploration.
“These latest results have identified a third parallel mineralised zone at Hercules, providing another target for us to follow-up with additional drilling,” Managing Director, David Boyd, said.
“The results are consistent with the recently completed structural interpretation and recognition of the Vein Offset Shear zone.
“We will now commence a Mineral Resource estimate for Hercules, ahead of further drilling programmes.”
Hercules Results
Hercules is an advanced gold prospect held by Carawine’s Thunderstruck Joint Venture (Carawine 90% interest) and is part of the company’s large Tropicana North Gold Project located in the north-eastern goldfields of Western Australia.
Gold mineralisation at Hercules is hosted by multiple parallel veins and shears within a wide, steeply dipping mineralised zone striking northeast. To date, mineralisation has been reported along a 340m strike length, extending from 35m to 250m below surface, and remains open.
The latest phase of drilling, completed in May 2022, was designed to define the geology, structure and grade characteristics of gold mineralisation at Hercules and test its extents along strike and at depth with 21 diamond holes drilled for a total 6,329.9m.
Significant results are as follows:
• 1.37m @ 0.56g/t Au from 161.43m (TNDD012a)
• 1.1m @ 0.32g/t Au from 117.3m (TNDD016)
• 1.12m @ 5.42g/t Au from 163.57m (TNDD018), including 0.55m @ 10.7g/t Au from 164.14m; and 0.55m @ 0.76g/t Au from 349.55m
• 1.12m @ 1.67g/t Au from 199.62m (TNDD020) (downhole widths, intervals reported to geological boundaries and/or >0.3g/t Au, including >1.0g/t Au.
Upcoming Programmes
The design of a follow-up diamond drilling programme targeting the offset vein position, and southwest strike extent of the Hercules mineralisation has commenced. This programme will be finalised and scheduled once the Mineral Resource estimate has been completed in Q3 2022.
Additional diamond drilling programmes are also planned for Tropicana North, including follow up drilling at Big Freeze targeting the recent high-grade gold discovery in drill hole TNRC058 (5m @ 18.2g/t Au from 38m).
Furthermore, an air core drilling program is planned to test four targets along the 12km anomalous Hercules gold trend on the Neale tenement, and targets on the Pleiades and Blue Bell South tenements.
These programmes are planned to commence during Q4 2022.
For further information please visit: http://www.carawine.com.au
