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Dart Mining (ASX: $DTM) completes phase 1 drilling at Growlers Hill Prospect

Dart Mining (ASX: $DTM) completes phase 1 drilling at Growlers Hill Prospect


Dart Mining NL (ASX: $DTM) has completed Phase 1 drilling at the Growlers Hill Prospect within the company's 100% owned Rushworth Gold tenement package. The drilling confirmed interpreted structural architecture of the Growlers Hill Fault, with final results received for all holes, including highlight results such as GHDD001 intersecting 2.5m @ 0.63g/t Au from 104.5m. The company's Chairman, James Chirnside, expressed the commencement of the first systematic, field-wide drill evaluation at Rushworth aimed at better understanding the structural controls on the high-grade gold shoots formerly mined on the goldfield.

Executive Commentary on Phase 1 Drilling Results


Dart have commenced the first systematic, field-wide drill evaluation at Rushworth aimed at better understanding the structural controls on the high-grade gold shoots formerly mined on the goldfield. This will help us to refine our mineralisation models for these orogenic gold deposits and better target future drilling which is ongoing. Our target is structurally hosted high-grade zones similar to the Fosterville mine, 45km away, however Rushworth has its own characteristics and we are building our understanding of these with the ongoing drilling.

Summary of Phase 1 Drilling and Outlook


The completion of Phase 1 drilling at the Growlers Hill Prospect has confirmed multiple mineralised structures within the Rushworth Gold tenement package. The company aims to refine its mineralisation models for orogenic gold deposits and better target future drilling. The ongoing drilling is focused on identifying structurally hosted high-grade zones similar to the nearby Fosterville mine. The results indicate encouraging widths and grades of gold mineralisation across several structures, warranting follow-up drilling. Dart Mining's Phase 2 drilling has commenced, targeting structures at the Star of the West, Henry Horne, and Shellback prospects. The Rushworth goldfield's structural architecture, influenced by the Lachlan Orocline formation, presents opportunities for further deposition of gold from mineralised fluids at structural intersections.

DART MINING NL
DTM | ASX | Materials
0.0220(+0%)
At close 05/07 (AEDT)
Market cap
$5.7M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.052
1YR Return
-31.25%

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