USD $4,111.97
Goldman New lodes identified across New Constitution and South Constitution
Dart Mining NL (ASX:DTM) has reported encouraging results from its ongoing Triumph drilling program, identifying multiple new mineralised zones within the Inferred Mineral Resource area.
Key intercepts from the first 10 drill holes include:
- TRDD001A: 10.5m at 2.63g/t Au + 12.21g/t Ag + 1.94% Zn from 68.6m
• 3.1m at 7.42g/t Au + 25.42g/t Ag + 6.37% Zn from 75.5m - TRDD002A: 1.9m at 3.42g/t Au + 26.21g/t Ag from 68.8m
• 0.3m at 18.6g/t Au + 152g/t Ag - TRDD003: 1.9m at 4.36g/t Au + 6.13g/t Ag from 146.5m
• 0.4m at 18.5g/t Au + 25.6g/t Ag - TRDD003: 1.95m at 3.73g/t Au + 0.9% Zn from 82.7m
• 0.3m at 22.8g/t Au + 52.5g/t Ag - TRDD009: 6.0m at 1.57g/t Au from 116.0m
• 0.4m at 17.7g/t Au + 44.9g/t Ag from 119.5m
In 8 of the 10 completed drill holes, a total of 9 new mineralised zones were interpreted, suggesting New Constitution and South Constitution are part of wider, stacked mineralised lode systems. Dart is now focusing on structural and step-out drilling up to 450m to further test these targets.
James Chirnside, Chairman, said:
The results received to date are an exciting development for Dart. While we are currently intersecting known mineralised structures with some surprising higher-grade results, the real impact is the new lodes that have been intercepted. These lodes are both on the hanging wall and footwall sides of the New Constitution and South Constitution systems and drilling confirms a strike length akin to the existing resource. Importantly, drilling is not only confirming known resources, but also pointing to resource upgrades, due to new parallel lodes being discovered. To that end we have commenced development of a high-quality Exploration Target statement for Triumph. This will be completed in the next couple of months and should adequately demonstrate the scale and significance of this exciting Intrusion Related Gold System. Given the high-grade gold ore at or near surface in several deposits, we are considering and studying various options around open pit project development.
