Carawine Resources Ltd. (AU:CWX) has released an update.
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Carawine Resources Ltd., an active explorer of gold and base metals, has completed its Quarterly Activities and Cash Flow Report for Q1 2024, with significant exploration underway at its Paterson and Fraser Range projects. The company announced the completion of various surveys and anticipates drilling activities to start in Q2 2024. Additionally, Carawine’s major shareholder, QGold, has initiated compulsory acquisition of remaining shares, while Carawine reinforces its position by regaining control of tenements from Rio Tinto’s withdrawal.
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