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  • Dampier Gold has reported its first pass results from a shallow soil auger program at its Goongarrie project
  • Elevated nickel and gold values recorded, included highs of 725 parts per million and 125 parts per billion, respectively
  • The company is expecting to commence a follow-up program in March 2020
  • On Market close, Dampier Gold is steady and is selling shares for 1.9¢ apiece

Dampier Gold has reported its first pass results from a shallow soil auger program at Goongarrie project.

A first pass soil auger program was carried out in September and consisted of seven widely spaced sample lines in the northern half of the project.

It confirmed extensive sand, gravel and calcrete cover, over rare subcrops of ultramafic rocks and granite.

Elevated nickel and gold values recorded, included highs of 725 parts per million and 125 parts per billion, respectively.

“The elevated assay results together with the limited and subjective work completed to date, suggests a strong potential greenfields nickel-gold target,” the company told the market.

“The auger sampling and assay results also provided additional information in
relation to the potential underlying lithologies, which in turn have allowed the
interpretation of a number of folder structures which could provide focus sites
for potential mineralisation,” it added.

The Goongarrie project is a greenfields exploration target, located 100 kilometres north-west of Kalgoorlie. The company says that there has been no previous exploration in the area.

Dampier gold is planning to undertake additional soil auger sampling to provide further geochemical and possible lithological information.

The additional auger soil sampling will focus across the interpreted fold structure and areas where there appears to be a significant dislocation with the ultramafics and greenstones.

The follow-up program is expected to commence in March 2020.

On Market close, Dampier Gold is steady and is selling shares for 1.9¢ apiece.

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