Carawine Resources (ASX:CWX) has commenced drilling at its 100% owned Big Bang tenement, part of the company’s Fraser Range project in Western Australia.
It’s exciting to be drilling again in the Fraser Range. The three conductors targeted by this programme are from our first MLEM survey at Big Bang, which covered just three of seven areas identified as prospective for magmatic nickel and copper sulphides. We look forward to the results of the drilling and expanding our exploration programme across the tenement over the coming months,” Managing Director, David Boyd, said.
Three holes have been planned to test the three conductors, with each hole designed as a reverse circulation (RC) pre-collar drilled to within approximately 100m of the modelled target depth, followed by diamond (DD) core drilled through the modelled target.
Approximately 490m of RC and 460m of diamond core is planned to be drilled in total.
The conductors are within three of nine target areas identified by the company at Big Bang, including seven target areas considered prospective for magmatic Ni-Cu mineralisation.
MLEM surveying of one or more of the other Big Bang magmatic Ni-Cu target areas BB3 and BB5 to BB7 is planned, with timing dependent on the outcome of the current drilling program.
The drilling is co-funded by the WA State Government under its Exploration Incentive Scheme, with 50% of the direct drilling costs of the program to be reimbursed to Carawine up to a maximum of $92,500.
