The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Dart Mining (DTM) has provided an update on exploration at it’s Buckland Gold Project, 200 kilometres north-east of Melbourne
  • Sampling along the 8.5 kilometre Fairley Shear Zone confirmed significant gold mineralisation 
  • This includes 5.6 metres at 10.7 grams per tonne of gold at the Fairly prospect
  • Early next year, Dart will complete follow-up mapping and sampling of several targets
  • Drilling will also commence in the March quarter of next, pending approvals and tenement
  • Dart Mining was unchanged on the ASX at market close, with shares worth 9 cents each

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.

DTM by the numbers
More From The Market Online
Magnetite

Fe grades above 71% make Cyclone Metals bullish about Iron Bear pilot plant

Cyclone Metals, an iron ore developer which has built its business progressing Canadian magnetite play Iron…

Regal copper grades at Gascoyne play see shares jump 33% for Augustus

Augustus Minerals is reporting high grade copper rock chip results at Ti-Tree in WA based on…

Great Western targets DeGrussa twin through upcoming drilling work

Great Western Exploration Ltd (ASX: GTE) is gearing up for an intense exploration program at its Fairbairn copper project in Western Australia, where
Barton adds $3M to its piggy bank for SA exploration

Turaco impressed by gold extraction near 90% from Cote d’Ivoire play

Turaco Gold Ltd (ASX:TCG) has progressed to metwork which has pulled extraction rates of around 90…