Overview

Carawine has compiled four gold, copper and base metal exploration Projects, each targeting high-grade deposits in well-established mineralised provinces throughout Australia, as follows:

  • Jamieson Project, high grade Au-Cu-Ag-Zn targets, Victoria (Carawine earning 100%),
  • Oakover Project, Cu-Co targets, Western Australia,
  • Paterson Project, Cu-Co and Au-Cu targets, Western Australia; and,
  • Fraser Range Project, Ni-Cu-Co and Au targets, Western Australia, (Carawine 49%, Independence Group NL 51%, earning 70% by spending $5 million).

Projects Overview

The Jamieson Project contains the Hill 800 Gold Prospect, where drilling by previous explorers returned exceptionally high grade gold results from what is interpreted to be the footwall to a Volcanogenic-hosted Massive Sulphide (VHMS) mineral system with similarities to the Henty gold mine in Western Tasmania.  Jamieson also contains the Rhyolite Creek Prospect, where high grade zinc, gold and silver has been intersected at an interpreted palaeo-seafloor position, again in a VHMS setting.

Carawine’s copper-cobalt targets in the Oakover Project include the Western Star Prospect, where samples from outcrop and historic workings have returned copper values of up to 44.5% and cobalt values of up to 0.14%, in brecciated dolomite.

At the Paterson Project, Carawine is targeting Telfer-style gold-copper and Nifty-style copper-cobalt targets.  Carawine has a joint venture with Independence Group NL, who are exploring the Fraser Range tenements primarily for magmatic nickel-copper-cobalt deposits, similar to their Nova Mine.

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