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Doray Minerals Ltd.

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Summary

Project:

Deflector

Deposit:Deflector
Location:Australia
Commodities:Gold-Copper
Date:6/7/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:7-6-2018: Doray Minerals Ltd. announces an Exploration/Drilling Update report for its Deflector deposit at the Deflector project. Drilling results incl. 4.7m @126g/t Au, 3.6% Cu from 95.3m. Doray Minerals Limited (“Doray” or “the Company”) (ASX: DRM) is p
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 provide an update on the continuing evolution of the geological understanding of the Deflector gold copper system, as well as current work programmes at Da Vinci. The Deflector gold copper ore bodies are part of a complex, structurally controlled mineralised system. Since underground mining commenced, ongoing geological mapping, grade control diamond drilling and reinterpretation of data has resulted in an increased understanding of the controls on mineralisation (see Figure 1). Work to date has led to a significant change in the interpretation of the Western Zone from one continuous main ore horizon to a series of related but discrete structures, of which several remain open along strike and down dip. This has also resulted in the significant discoveries of Da Vinci, Contact Lode 3 (ASX release 20 March 2018), and the Link Lode. These recent developments have highlighted that Deflector’s structural complexity is providing additional ore discoveries within the mine footprint, increasing the gold ounces per vertical metre. Link Lode Discovery Mining activities delineated the Link Lode which is a significant mineralised structure within the Deflector system. Sections of this lode were previously interpreted as small discontinuous structures splaying off the Western Zone and Central Lode in the 2017 Deflector Mineral Resource estimate. The geological significance and continuity of this structure was not immediately recognised due to a data shadow in the pre-mining surface drilling data due to the orientation of the Western Zone and Central Lode (see Figure 2).

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