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Doray Minerals Ltd.

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Summary

Project:

Deflector

Deposit:Contact Lode 3, Central Lode
Location:Australia
Commodities:Gold-Copper
Date:3/20/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:20-3-2018: Doray Minerals Ltd. announces an Exploration/Drilling Update report for its Contact Lode 3, Central Lode deposit at the Deflector project. Drilling results incl. 3.5m @ 39.3g/t Au, 0.3% Cu from 307.2m. Doray Minerals Limited (“Doray” or “the Co
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Mark Cossum (Internal)
ABSTRACT:Doray Minerals Limited (“Doray” or “the Company”) (ASX: DRM) is pleased to announce results from a RC drilling programme that successfully outlined a new zone of mineralisation within the southern extents of the Contact Lodes. A total of 17 RC drill holes for 3,006m were drilled into the southern extents of the Contact Lode system to follow up on the results received in DEDD059 (see detail below). This hole had intersected high grade mineralisation within the Contact Lode #2 position approximately 300m south of the existing interpretation. This programme was successful in not only intersecting the Contact Lode #2 mineralisation, but also in the delineation of a new mineralised position, designated the Contact Lode #3, located to the east of Contact Lode #2 (see Figure 1). Mineralisation in this new Contact Lode #3 was intersected over a strike length of 150m and to a depth of approximately 180m below surface, and is open in all directions. Assaying returned some significant intersections from this new lode, including:

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