- DGO Gold (DGO) has completed the first 1000 metres of its 8000-metre aircore drilling program at the Mallina East tenements in WA
- This 140-hole drilling program is testing intrusion-related gold targets and the potential for mineralisation similar to De Grey Mining’s (DEG) Hemi gold discovery, which is located about 50 kilometres away
- While a heritage survey was completed by a regional native title group before drilling began, a second group has indicated it wants to be consulted on exploration in the area
- In light of this request, DGO Gold has paused drilling to conduct more discussions but expects drilling will recommence later this month
- Company shares ended the day trading 1.95 per cent in the red at $3.52
DGO Gold (DGO) has completed the first 1000 metres of its 8000-metre drilling program that began on May 27.
Th 140-hole aircore drilling campaign is being conducted across three tenements at Mallina East which is located in the Mallina Gold Province of Western Australia.
Significantly, the tenements are located about 50 kilometres west-southwest from De Grey Mining’s (DEG) Hemi gold discovery in Western Australia.
DGO began drilling after a detailed analysis suggested mineralisation at Hemi is associated with intrusives which are present in DGO Gold’s Mallina tenements.
As it turns out, the Mallina East tenements are prospective for Hemi-style gold mineralisation and lie within an area where potential claims haven’t been determined.
While a heritage survey was undertaken by a regional native title group for drilling to go ahead, a second regional native title group expressed it would have liked to be consulted in relation to exploration at these tenements.
As a result, DGO Gold has temporarily stopped the aircore program to progress discussions with the second group. The company expects to recommence drilling later this month.
Company shares ended the day trading 1.95 per cent in the red at $3.52 at market close.