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Carawine Advances Paterson Drilling Plans Amid QGold Acquisition Battle

7:03pm on Monday 2nd of June, 2025 AEST Mining
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Carawine Advances Paterson Drilling Plans Amid QGold Acquisition Battle

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Advanced drilling program design for Paterson copper, gold, and base metals set for Q2 2025
  • Ongoing prospectivity reviews across Paterson, Fraser Range, and Tropicana North projects
  • QGold’s compulsory acquisition of Carawine shares proceeding to Federal Court hearing in June 2025
  • Cash reserves stand at $1.5 million with forecast expenditure of $0.7 million in Q1 2025
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