CWX 0.00% 26.0¢ carawine resources limited

Yes the key will be the size of the Hill800 mineral resource +...

  1. 6,835 Posts.
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    Yes the key will be the size of the Hill800 mineral resource + grade .... which going from last presentation should be announced very soon !! SEPT/early OCT

    If it's like 500koz+ 3g/t etc then the SP will double overnight (And prob have the interest to raise 2mill+ at much higher levels) esp. as its open at depth so 1Moz target would be in the picture for the project ....

    from last ann>>
    Carawine Managing Director Mr David Boyd said this was another exciting development for Hill 800 and the Jamieson Project, one that could lead to a major new discovery in the region.

    “Earlier this year we established a new interpretation for the Hill 800 mineralisation, demonstrating the potential for high-grade mineralisation to continue at depth beneath the current limit of drilling.

    “These latest results strongly suggest a fertile copper-gold porphyry is driving the mineral system at Hill 800 and its surrounds.

    Combined with our regional target generation work, this new evidence gives us confidence that we could be chasing a porphyry copper-gold target at depth beneath Hill 800, and potentially at Rhyolite Creek as well.

    “Porphyry deposits are very attractive targets given they are typically very large mineral systems with multiple deposits and excellent grade characteristics.

    >>>>>>>>>>>>>>>> Ever since I've come across CWX earlier in the year I've been very excited about the potential to muti-bag ... T/A looks brilliant breaking out of the downwards
    channel CWX has really been in since 2017 IPO ...
    Last edited by Sharetrader78: 16/09/19
 
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