Carawine Resources Ltd. (AU:CWX) has released an update.
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Black Canyon Limited has announced promising results from Induced Polarisation (IP) surveys at the Fig Tree Project, revealing multiple new near-surface high-grade manganese targets. The surveys, funded partly by the government’s Exploration Incentive Scheme, have identified chargeable anomalies similar to those at the nearby Woodie Woodie mine, indicating potential for high-grade, hydrothermal manganese mineralisation. These findings have set the stage for further geophysical surveys and drilling to confirm the tenement’s prospects.
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