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Dart Mining (ASX:DTM) - Managing Director & Chairman, James Chirnside - The Market Herald
Managing Director & Chairman, James Chirnside
Source: Dart Mining
  • Dart Mining (DTM) has extended gold mineralisation at the Fairley's prospect at its Buckland Gold Project in Victoria
  • The company conducted an 18-hole rotary air blast drilling program which extended mineralisation to around 240 metres and returned encouraging gold results
  • The program yielded grades of up to 7.49 and 11.6 grams per tonne of gold
  • Dart Mining plans to conduct a follow-up reverse circulation drilling near the northern extent of the prospect to better understand mineralisation at depth
  • Company shares closed 8.33 per cent higher for 19.5 cents

Dart Mining (DTM) has received strong results from rotary air blast (RAB) drilling at the Fairley's prospect at its Buckland Gold Project in Victoria.

The drilling program consisted of 18 holes, for 803 metres and aimed to expand the strike extent of disseminated sulphide mineralisation along the Fairley's Shear Zone.

Pleasingly, drilling successfully extended the strike extent of gold mineralisation to 240 metres and has returned multiple encouraging gold intersections. Mineralisation remains open and untested along strike and at depth.

Best results include 13 metres at 4.82 g/t gold from 12 metres including two metres at 11.6g/t gold, 11 metres at 2.64g/t gold from 28 metres including three metres at 7.49g/t gold, and 10 metres at 2.27g/t gold from four metres including two metres at 5.52g/t gold.

Dart plans to follow up this program with reverse circulation drilling near the northern extent of the prospect to better understand the mineralisation at depth.

Additionally, the company is preparing a work plan to add several drill pads 150 to 400 metres west of the Fairley's mineralised structure, where a second, parallel mineralised structure has been mapped in outcrop and soil samples.

Dart is also considering geophysical surveys and geological mapping at the prospect. This work is aimed at assessing the potential for a mineralised extension below the current target at Fairley's.

Company shares closed 8.33 per cent higher for 19.5 cents.


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