Carawine Resources Limited announced the latest assay results from the ongoing drilling program at its Hercules prospect, which have returned the higher gold grade and one of the best intervals from drilling at the prospect to date . Hercules is part of Carawine's Tropicana North Project, located in the north-eastern goldfields of Western Australia. Hercules is an advanced gold prospect held by Carawine's Thunderstruck Joint Venture ("Thunderstruck JV", Carawine 90% interest); part of the Company's large Tropicana North Project located in the north- eastern goldfields of Western Australia.

Gold mineralisation at Hercules is hosted by multiple parallel veins and shears within a wide, steeply dipping mineralised zone striking northeasT. To date, mineralisation has been reported along a 340m strike length, extending from 35m to 250m below surface, and remains open. The current drilling program at Hercules is focussed on defining the geology, structure and grade characteristics of the gold mineralisation, and extending it along strike and at depth.

An additional five diamond holes are planned in the current program, including an extension to existing hole TNDD012, with drilling expected to continue through to the end of April 2022. Assay results reported are from diamond drill holes TNDD013 and TNDD014, targeting mineralisation along the north-east and south-west edges of the main mineralised zone respectively. Both drill holes returned high-grade mineralised intervals (>0.3g/t Au cut off), as follows: 1m @ 0.55g/t Au from 161m (TNDD013), and 1m @ 23.9g/t Au from 192m, and 1m @ 2.86/t Au from 407m.

1m @ 6.96g/t Au from 70m (TNDD014), and 4m @ 40.1g/t Au from 239m, including 1m @ 137g/t Au from 239m.