Sydney, Australia (ABN Newswire) - A1 Consolidated Gold Ltd (ASX:AYC) has reported the first results from mineralised quartz reef in the 1460 Level Access Drive at the Company's A1 Mine in North-eastern Victoria. Face chip samples up to 12,800 g/t Au with sample grabs up to 1,333 g/t Au. The Company is continuing to develop along this vein to assess the extent of mineralisation and stockpiling of the mined ore has [...]
Dacian Gold is pleased to announce that it has commenced its high impact drilling program infilling several high grade intersections located up to 1,200m north of the 850,000 ounce Mineral Resource at Westralia. As previously announced to the market, Dacian drill-tested an area north of Westralia that had not previously been explored. The Company was testing a geological concept that the Westralia mineralised gold system [...]
Dacian Gold (ASX:DCN) provide the 2014 Annual General Meeting Presentation with the following highlights: Well funded: $9M in cash. Strong and experienced team. Focused on Mt Morgans and focused on technical excellence. Drilling 40,000m this FY, 16,000m drilled to date. Aim to increase the 1.2 Moz, 4g/t resource base. Minimum Ore Reserve target is +600,000oz, +5 year mine life & stand-alone operation. - Made two high [...]
Dacian Gold provide the Quarterly Activities Report for period ending September 2014 with the following highlights:Wide-spaced diamond drilling confirms high grade mineralisation at Westralia is at least 3kmlong and is open at depth. It is significantly larger than previously recognised. Better resultsinclude: - 2m @ 18.0 g/t gold- 2m @ 8.6 g/t gold - 1.8m @ 7.9 g/t gold- 4.2m @ 6.8 g/t gold - 4.8m @ 3.5 g/t gold- 3.9m [...]
Dacian Gold is pleased to announce that its widely-spaced reconnaissance diamond drill program testing for Banded Iron Formation (BIF) hosted gold mineralisation along strike of, and below, the mineralisation at the Westralia and Morgans North gold deposits, has returned several significant intersections. The Westralia deposit was discovered in 1896 and produced 900,000 ounces of gold up to 1998. Both Westralia and [...]
Dacian Gold is pleased to announce further significant drilling results have been returned from its 100% owned Jupiter prospect situated 20km south west of Laverton in Western Australia.As part of an initial assessment into the prospectivity of Jupiter, Dacian has now completed a 55 hole, 7000m RC drilling program aimed at testing for open pit potential along an 800m segment of the recently defined Cornwall Shear Zone [...]
Dacian Gold is pleased to announce a new drilling result from the Ramornie project on its 100% owned Mt Morgans Gold Project, located 40km west of Laverton in Western Australia's north-eastern goldfields. A key exploration objective for Dacian in FY2015 is to better understand the potential size of the Westralia ore system. As part of this objective, Dacian commenced a 14 hole 9,000m Westralia framework diamond [...]
Dacian Gold announces that it has completed a successful surface rock-chip sampling program over parts of its Jupiter prospect, located within the 100% owned Mt Morgans Project, situated 20km west of Laverton in Western Australia. The rock-chip sampling program identified significant levels of gold mineralisation over rocky and steep-sided outcropping syenite that was unable to be drill tested as part of the recently [...]
Dacian Gold has provided the latest company presentation. Well funded ($11M cash), a strong and experienced team focused on the high grade Mt Morgans Project. This year Dacian will complete 40,000 metres of drilling, aiming to increase the 1.2 Million ounce, 4 g/t resources base. Dacian's minimum Ore Reserve target is +600,000 ounces of Gold, a +5 year mine life and a stand alone operation.Dacian has made two high [...]
Dacian Gold provide the Quarterly Activities Report for period ending June 2014 and include exploration highlights from the period. Two new, previously unreported, high grade gold intersections from within the upper extent of the current 610,000 ounce Mineral Resource at Westralia include:- 8.1m @ 4.6 g/t Au from 146m- 5.1m @ 5.3 g/t Au from 179mMajor geological review and reinterpretation of the Jupiter prospect [...]
Dacian Gold is pleased to announce significant drilling results have been returned from its 100% owned Jupiter prospect situated 20km south west of Laverton in WA. HighlightsTwenty-five broad spaced holes from an initial 56 hole 7,000m drill program testing for open pit potential associated with the recently identified shallow-dipping Cornwall Shear Zone (CSZ) have been completed and assays returned from 17 of these [...]
Perth, Australia (ABN Newswire) - Dacian Gold Ltd. (ASX:DCN) provides their latest company presentation. Below are the summaries of the presentation:- Strong belief in growing Mt Morgans into significant stand-alone gold operation.- 2013 drilling confirmed our view that high grade discoveries are able to be made (Millionaires and high grade lodes at Jupiter).- Company remains well funded ($12M) to continue growing 4 g/t [...]