Carawine Resources gains on extending parallel gold zone within WA project

Carawine Resources

27/07/2022 05:15

** Shares of Australian mineral explorer Carawine Resources
 CWX.AX  rise as much as 9.4% to A$0.105, their highest since
July 14
    ** Co says latest assay results have extended a parallel
gold zone within its Tropicana North gold project in Western
Australia  urn:newsml:reuters.com:*:nGLF6GVQs3
    ** Says received the final assay results from its recently
completed diamond drilling program at the Hercules prospect
within Tropicana project 
    ** Co also says all assay results from last phase of
drilling have been received and mineral resource estimate for
Hercules is planned for Q3
    ** Stock posts its biggest intraday pct gain since July 13
    ** About 2,130 shares change hands, vs the 30-day average
volume of 47,127 shares
    ** Stock down 45.1% this year, as of last close
    


 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))