Today's results are massively significant for Carawine.
The air core drill program is seeking to identify repetitions of the high-grade anomalies previously found at Hercules and Atlantis.
To define two new +10ppb Au gold anomalies that are 2km in strike length and 1.5km wide is very exciting when you consider AngloGold Ashanti's Tropicana Gold Mine was discovered on only +3ppb Au in a similar structural and lithological setting.
Interesting to read a possible hint of more to come on page 3 of the release - they use the word OUTSTANDING to describe assay results yet to be released.
"Additional drilling at Don King will be scheduled once outstanding assay results are received from the 60 AC holes drilled on the Neale tenement, containing the Atlantis and Hercules gold prospects 80km to the north of Don King (Figure 4). "
At a mere $30m market cap (EV $25m) this Company is set to re-rate violently in the near future when the market catches on to what Dave Boyd and the guys have discovered.
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Last
8.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.59M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38888 | 7.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 154 | 1 |
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| Last trade - 16.21pm 08/08/2025 (20 minute delay) ? |
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