PriceSensitive

Dart Mining (ASX:DTM) Buckland Project update

Mining
ASX:DTM      MCAP $6.719M
15 December 2019 10:00 (AEST)

Dart Mining (DTM) has provided an update on exploration at its Buckland Gold Project, 200 kilometres northeast of Melbourne.

Sampling along the 8.5-kilometre Fairley Shear Zone confirmed significant gold mineralisation. This shear zone is made up of several mineralised shears.

The most notable of the results from the Fairly Prospect was 5.6 metres at 10.7 grams per tonne of gold.

At the Western Anomaly, results included 4.5 metres at 9.79 grams per tonne of gold and 2.5 metres at 5.71 grams per tonne at Saint Lawrence.

These rock chip sample results confirm Fairleys Shear Zone hosts large-scale gold mineralization.

The samples have also identified several high-quality drill targets. Once the tenement and approvals are received, Dart will commence drilling at the targets. This is planned for the March quarter of 2020.

In addition, an ongoing regional soil sampling program has outlined an arsenic-gold anomaly known as the Murray Ridge anomaly.

The anomaly, north-west of the Fairleys Prospect, extends for at least 950 metres.

The sampling has identified several follow-up targets which will be mapped and sampled in early 2020.

Dart Mining was unchanged at market close, with shares worth 9 cents each.

Related News