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Dacian Gold Provides Beresford South Drilling Update

13 Jun 2018  |  10:48:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Beresford South Drilling Update

Dacian Gold announced that a recently completed infill drilling program has returned numerous high-grade results from directly below the current Beresford South Ore Reserve at Westralia, within its 100%-owned Mount Morgans Gold Operation (MMGO) in WA. The Westralia gold mine is the gold deposit at Mt Morgans, and one of the deposits in the prolific Laverton goldfield of WA. With historic production of 900,000oz and a current 1.6moz Mineral Resource, it has a pre-production endowment of in excess of 2.5moz. Drill spacing is the principal determinant of classifying Indicated Mineral Resource and Inferred, with closer spaced drilling more likely to allow the classification of an Indicated Mineral Resource.

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