Carawine Resources Limited announced an update to the diamond drilling program in progress at Red Bull, about 30km south of IGO's Nova Operation in the Fraser Range region of Western Australia. Red Bull is part of the Fraser Range Joint Venture between Carawine and IGO, with IGO managing and operating the joint venture. IGO currently holds a 70% interest in the joint venture tenements and is sole funding the exploration program to 30 June 2022 to earn up to an additional 6% interest. The first diamond drill hole in the current Red Bull diamond drilling program, named 21AFDD116, was completed at the Red Bull C ("RB_C") target to a total depth of 692.5m. The drill hole was targeting a 5,200-5,500S MLEM plate at a depth range of 400 - 450m downhole, interpreted to be an accumulation of conductive Ni-Cu sulphides. The dominant rock types intersected in the drill hole are variably deformed metasedimentary and granitic gneisses, with a major brittle-ductile fault intersected at approximately 410m and extending to 440m downhole. From 615.5m to 626.6m depth, the drill hole intersected interconnected blebby and disseminated two-phase sulphides (pyrrhotite and chalcopyrite), with only minor conductance levels. These occur within altered mafic-ultramafic intrusives considered prospective for magmatic nickel-copper sulphide mineralisation. There was no clear potential source for the modelled MLEM plate observed in the drill hole.