Dacian hurtling towards first gold

DACIAN Gold remains on track and on budget to become a gold producer this quarter and analysts believe the company is poised for a re-rate.

Dacian hurtling towards first gold Dacian hurtling towards first gold Dacian hurtling towards first gold Dacian hurtling towards first gold Dacian hurtling towards first gold

The company reported today that the processing plant at the Mt Morgans gold project, outside Laverton, was more than 90% complete and remained on time and on budget.

Underground mining at Beresford and Allanson is 873m ahead of schedule, with ore intersected on five separate levels at Beresford.

The first blast at the Jupiter open pit was conducted on December 29, with mining now underway.

The high-pressure gas pipeline has been installed, with the supply contract to be finalised in the coming weeks.

All processing plant personnel have been recruited and all remaining contracts are close to be finalised.

Dacian executive chairman Rohan Williams sai...