Company News Summary | 13 Jun 2018
Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified
Dacian Gold Provides Beresford South Drilling Update
10:48:00 | Associate analysts
Original annuncemenet: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.
|This report appeared on www.morningstar.com.au||2019 Morningstar Australasia Pty Limited|
© Copyright 2019 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").