Carawine Resources has identified new copper-gold-lead-zinc prospects from historic exploration data at its Paterson and Oakover Projects in the East Pilbara Region.

The new prospects at the Cable tenement in the Paterson Project include:

  • Warroo North Prospect where rock chip samples returned 5.4% copper, 0.25% lead, 0.99% zinc, 19.5ppm silver and 0.65ppm gold; and
  • Warroo NE Prospect which returned a 500m x 50m soil anomaly up to 690ppm copper and 0.1% zinc.

Both prospects are situated within a large 10km x 2km copper and zinc rock chip and shallow air core (vacuum) drill hole anomaly, untested by any deeper drilling.

Carawine Resources (ASX:CWX) also flagged the Nifty copper deposit analogue target Europe on the Magnus tenement at the Paterson Project, along with a new manganese prospect named Bootleg on the Davis tenement at its Oakover Project.

Commodities complement nickel exploration

“A review of the geology, mineralisation styles, and exploration data reported by previous explorers from within our 100%-owned Paterson and Oakover tenements has identified a number of new and exciting copper, gold, zinc and manganese targets,” MD David Boyd said.

“These target commodities complement our established nickel exploration project in the Fraser Range, and we look forward to advancing these in parallel with our Tropicana North Gold Project.

At the Tropicana North Gold Project, a Mineral Resource estimate for the Hercules deposit within the Thunderstruck Joint Venture is in progress and is expected to be announced this week.

Planning initial drilling in the near-term

The company says the new targets have provided a focus for its future exploration programs on the tenements, with the forward plan to define initial drill targets at each prospect.

These may include airborne and/or surface geophysical surveys in conjunction with access and heritage survey programs, prior to direct drill-testing.

“In the coming months, we will design, plan and prioritise programs to test these new targets, with the first programs likely to target the Warroo North and Warroo NE VMS targets, and the Nifty-lookalike Europe target,” Boyd said.

On-ground exploration is expected to commence in Q2, 2023.




This article was developed in collaboration with Carawine Resources (ASX:CWX), a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.