Dacian's newest discovery advancing

LESS than two months from first gold production, Dacian Gold has already turned its attention to bringing the third discovery at the Mt Morgans gold project into production.

Dacian's newest discovery advancing Dacian's newest discovery advancing Dacian's newest discovery advancing Dacian's newest discovery advancing Dacian's newest discovery advancing

In releasing the latest drilling results, Dacian said Cameron Well had been confirmed as a significant new discovery.

Reverse circulation drilling returned 7m at 10.6 grams per tonne gold from 19m; 4m at 11.7gpt gold from 71m; 5m at 5.2gpt gold from 49m; 4m at 5.1gpt gold from 84m; 5m at 3.3gpt gold from 33m; and 4m at 4.1gpt gold from 17m.

The drilling was conducted on an 80m by 40m grid over a 1.5km by 1km area, with oxide mineralisation open in all directions.

Just 15 of the 119 holes returned grades of less than 0.5gpt gold.

“This is a very exciting development given the vast extent of anomalism and mineralisation seen in previous drilling over an area of 6sq.km,” Dac...