Had a look before open Jimbo,
Hot Results mate, don't forget the Copper intersections as well. Sizeable deposit on the cards here from surface. Mineralised zone open at one end for future drilling, as well as depth. Should be able to produce an inferred resource size very soon. Might even hit the magic 1Mill oz gold magic number with further drilling and after initial number crunching.
Reminds me a bit of the Adriatic Metals deposit style and size in Croatia, albeit they have different metals involved. The SP has run 300% plus in the last month and listed not that long ago at 20c.
Great start for Carawine, you couldn't dream of such a result for a maiden drill campaign.
Even more fascinating will be the start of the drilling campaign at the Manganese Cobalt deposit in WA , apart from drilling all the other areas they hold in WA.
Lot's more to look forward to in this second half of the year. Plenty of scope for this to run hard over 6 months.
IMO, The SP is being held back by the selling into the run by Vendors/ pre IPO sophisticated investors.
There are bugger all shares on issue and it wont take long to churn these sellers out of the equation. Final assay results might get rid of them with a volume run.
Great results, great management, great prospects .. what more could you ask for? (apart from the current SP)
Cheers,
HR
Just my observations as a shareholder.
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