Dart Mining Completes 4,000m Drilling at Coonambula
Key points
- Dart Mining completed 4,100m of diamond core drilling at Banshee Prospect.
- Drilling covered a strike extent of 730m and a vertical depth of 185m.
- Assay results received for holes up to CBADD022.
- Dart Mining will increase its equity ownership to 45% in the project.
- Further equity increase to 51% expected upon completion of assaying and studies.
Full summary
Dart Mining NL (ASX:DTM) has completed 4,100m of diamond core drilling at the Banshee Prospect of the Coonambula antimony-gold project. The drilling, which covered a strike extent of 730m and a vertical depth of 185m, was part of a Joint Venture agreement with Great Divide Mining (ASX:GDM). Assay results have been received for holes up to CBADD022, showing promising intervals of high-grade antimony and gold. Dart Mining will increase its equity ownership to 45% in the project, with a potential further increase to 51% upon completion of assaying and metallurgical test work.
Outlook
Dart Mining expects to complete the assays, undertake metallurgical test work, and develop a Mineral Resource Estimate in the near future.
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