For thousands of other reports visit RSC's Mineral Intellingence Map
Dacian Gold Ltd.
Summary
| Project: | Mt Morgans | |
|---|---|---|
| Deposit: | Cameron Well | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 8-11-2017: Dacian Gold Ltd. announces an Exploration/Drilling Update report for its Cameron Well deposit at the Mt Morgans project. Drilling results incl. 29m @ 1.1g/t Au from 44m. Dacian Gold Ltd (ASX:DCN) (Dacian Gold or the Company) is pleased to annou | |
| Resources: | (Reserve, P+P): 18.585Mt @ 2.0g/t Au for 1.2Moz contained at Mt Morgans | |
| CP/QP: | [Overall Report]: Rohan Williams (Internal) | |
| ABSTRACT: | Dacian Gold Ltd (ASX:DCN) (Dacian Gold or the Company) is pleased to announce a drilling update based on results from a further 542 predominantly infill aircore drill holes at its emerging Cameron Well gold discovery, located within its 100% owned Mt Morgans Gold Project (MMGP), 25km south‐west of Laverton where project construction is well advanced and first production is on track for March 2018. The Cameron Well Prospect lies midway between the Company’s Westralia and Jupiter mining areas at Mt Morgans, and is approximately 9km to the north‐west of the Company’s new 2.5Mtpa CIL treatment facility, currently under construction and now at 60% completion. Dacian Gold first commenced reconnaissance aircore/RAB drilling at Cameron Well in September 2016 after investigating the results from several shallow RAB drill holes completed in the mid 1990s, and not followed up since then. Also present from the mid‐1990s work was an undrilled anomaly defined by geochemical surveys located next to the RAB‐drilled anomalism. Over the course of the following 14 months, Dacian Gold completed 855 reconnaissance aircore and RAB drill holes which confirmed the Cameron Well Prospect as a large, approximately 6km2 near‐surface oxide gold anomaly (see ASX releases dated 1 September 2016, 7 February 2017, 1 May 2017 and 21 June 2017). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report