erth, Australia (ABN Newswire) -
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 grade discoveries since the November 2012 IPO.
Mineral
- Resource 1.2Moz @ 4.0g/t
- Acquired Ore Reserve 136Koz @ 6.2g/t ~25% of minimum 600Koz target.
- Simple drill strategy in FY2015:
* Define mineralisation limits of new discoveries at Millionaires & CSZ.
* Define size of ore systems at Westralia & Jupiter.
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-DCN-699904.pdf
About Dacian Gold Limited:
Dacian Gold Ltd. (ASX:DCN) is a well-funded, Western Australian focused gold exploration and development company, headquartered in Perth. In November 2012, the company raised $20 million in its IPO to explore its 100% owned Mt Morgans gold project, located in the Laverton District of Western Australia's North Eastern Goldfields.
Contact:
Dacian Gold Ltd.
Rohan Williams, Executive Chairman
T: +61-8-9226-4622
E: rohan.williams@daciangold.com.au
www.daciangold.com.au
