Dart Mining NL is pleased to announce a JORC Mineral Resource update of its recently acquired Triumph project in Queensland. The update takes advantage of previously reported exploration drilling by Sunshine Metals Limited (ASX: SHN) (Sunshine) after their initial reporting of the maiden JORC (2012) resource in 2022. Highlights ·????????Triumph Mineral Resource Estimate (MRE) has been increased to 2.16Mt @ 2.17g/t Au for 150koz gold at a 1g/t Au cut-off; ·????????The increase represents an 7% uplift in grade and a 27% uplift in contained gold ounces. ·????????Drilling information that underpins the MRE update was collected by previous operators and effectively reduces Dart’s acquisition cost per ounce from $17.0/ounce to $13.3/ounce. ·????????Resource represents attractive open pittable targets with 43% of gold ounces within the first 50m at 2.18 g/t Au grade, and 77% of gold ounces within the first 100m at 2.10 g/t Au grade; ·????????All Resources are open along strike and at depth and are expected to grow steadily over 2025. ·????????Drilling is currently underway to both expand and upgrade MRE at New Constitution.? Darts Chairman, James Chirnside, commented: “Dart is pleased to update shareholders with an updated MRE for the Triumph project. Taking into account the addition drilling completed prior to acquisition and applying those results through the resource update, Dart has effectively reduced our acquisition cost on a dollar per ounce basis. Dart will continue on with its preliminary 7,000m diamond drilling programme through 2025 to continue to grow the resource and upgrade the JORC classification. Diamond drilling is progressing well with the company looking forward to updating shareholders on results in Q1 2025.” Read the full announcement here: https://bit.ly/4i1hDLB
Dart Mining NL
采矿业
Focused on exploring and evaluating the historic goldfields and tech metals projects of central and north-east Victoria
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https://dartmining.com.au/
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Dart Mining NL (ASX:DTM) is pleased to announce that it has received firm commitments from professional and sophisticated investors for a two tranche Placement to raise A$3,000,000 through the issue of 600,000,000 new fully paid ordinary shares at A$0.005 per share. CPS Capital Group Pty Ltd the Lead Manager on the Placement. Zerp Capital Pty Ltd also assisted with the placement on behalf of the Company The Company will seek shareholder approval for the majority of the Placement. The funds raised in the Placement will be used for diamond drilling at the Triumph Gold Project, approximately A$2.0m and the balance for new project generation and general working capital. The board wishes to thank the existing and new shareholders that strongly supported this placement.? Read the full announcement here: https://bit.ly/4i9nj5P
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Dart Mining NL (“Dart” or the “Company”) is pleased to announce results from its first on ground reconnaissance activities which has affirmed historical outcropping targets in Triumph’s South Corridor. These locations confirmed by the high grade 2025 assay results, remain undrilled and present new target areas for Dart to include in their greenfield exploration drilling across the Triumph Project. HIGHLIGHTS ? Outcrop mapping and rock chip samples collected in December 2024 yielded the following key results: ? 9.9 g/t Au, 49.7 g/t Ag, and 1.9% Pb (24TRRCK001); ? 6.87 g/t Au and 125 g/t Ag (24TRRCK005); and ? 1.47 g/t Au and 32.2 g/t Ag (24TRRCK003). ? Rock chips samples confirmed historical rock chips results in key areas which are part of the Southern Corridor and highlight the attractive resource expansion potential at Dart’s newly acquired Triumph project. ? The rock chips samples exhibit veins with both fresh sulphide and Fe oxide after sulphides with anomalous lead and antimony levels detected in assay. ? Results from the undrilled locations now confirm historical observations of mineralisation with?Dart to incorporate these targets into 2025 scheduled drill planning. ? Dart continues to drill high priority targets at the Constitution Prospect through January 2025, the beginning of a planned 7,000m Phase 1 exploration program. Read the full announcement here: https://bit.ly/3Wv6J8b
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DRILLING RECOMMENCES AT TRIUMPH PROJECT Dart Mining NL is pleased to announce the recommencement of diamond drilling activities at the Triumph Projects along the prospective Southern Corridor. Drilling crews returned to the project on the 6th of January after the Festive season. Read the full release here: https://bit.ly/40i7h2x
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Dart Mining NL (ASX:DTM) is pleased to confirm that it has completed the Sale and Purchase Agreement with Sunshine Metals Limited (ASX:SHN) first announced on 27 August 2024, pursuant to which DTM has acquired, and Sunshine has sold, the tenements comprising the Triumph Gold Project. The Acquisition completed today on the terms outlined previously in the Company’s announcement dated 27 August 2024. In consideration for the Acquisition, the Company has paid the cash consideration and issued to Sunshine 83,333,333 fully paid ordinary shares in the capital of the Company. The Triumph Gold Project is located approximately 520km by road north of Brisbane, Queensland, and is well serviced by the coastal port city of Gladstone 80km by road to the north. The project is comprised of two exploration permits: EPM 18486 and EPM 19343 covering an area of 137.6 sq.km or 43 sub-blocks in total.??
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Dart Mining is pleased to announce commencement of an initial ~7,000m diamond drilling at its Triumph Gold Project after the rig arrived on-site on 29 November. Dart’s accommodation camp is in place at site with establishment works almost complete. HIGHLIGHTS ? Commencement of extensive diamond drilling program with Dart owned diamond drill rig on site 29th November. ? The large-scale diamond drilling program is intended to run until September 2025. ? The program will initially focus on extending the existing 118,000oz @ 2.03g/t Au JORC 2012 gold resource announced by previous owners Sunshine Metals ? Drilling of this Intrusion Related Gold System (IRGS) begins at the Constitution prospect with resource extension and infill drilling. Previous intercepts include: ? TDH056 – 10.0m @ 26.9 g/t Au from 51m ? 21NCRC008 - 6.0m @ 13.1g/t Au from 96m ? Resource extension drilling will progress to resource growth targets at Bald Hill East, Advance, and Brigham Young prospects. ??Resource extension drilling will take place at Big Hans and Super Hans. Dart Geologists have interpreted that the mineralised zones are significantly larger than the size of the current Resource footprint Read the full announcement here: https://bit.ly/3Z7iW3u
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Activities Report for the Quarter Ended 30 September 2024 Dart Mining NL (ASX: DTM) is pleased to present its Quarterly Report for the three-month period ending 30th September 2024 and to provide commentary and an update to shareholders. DTM’s Chairman, James Chirnside, commented:?“The importance of acquiring a substantial gold resource with considerable scope for growth cannot be underestimated. Triumph will be Dart Mining’s first significant project outside Victoria and reflects our strategy to expand into advanced intrusion-related and epithermal gold projects in Queensland whilst continuing to progress our prospective gold and porphyry projects in Victoria. This approach will enable us to add value to advanced projects using our company-owned drill rigs and place us on the path to production. Dart Mining believes Queensland’s favourable prospectivity for million ounce plus gold deposits will provide an important strategic complement to our current Victorian orogenic gold and porphyry projects.” Read the full report here: https://bit.ly/4eg2CTw
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High Grade Antimony and Gold Results from Tallandoon Project Dart Mining NL (ASX:DTM) is pleased to announce results from grab sampling and other reconnaissance field work recently conducted at the Tallandoon Gold and Antimony project within the Company’s 100% owned Exploration Licences EL006300, EL007099 & EL007754 in North East Victoria. Dart Mining’s Chairman, James Chirnside, commented: “We are pleased to confirm elevated Antimony and Gold grades from sampling at the Tallandoon project. There has been no drilling in the history of the 100,000oz Tallandoon Goldfield and only 1,308m of RAB drilling at the adjoining 95,691oz Sandy Creek Goldfield. Our review of these Goldfields reveals larger granite hosted disseminated Gold targets that have been lightly tested and the company is excited to continue to explore this highly prospective region. Record Gold and Antimony prices have triggered our most recent work to further re-evaluate these projects, given these favourable market conditions.” Read the full announcement here: https://bit.ly/3Uq6BGe
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Dart Mining NL (ASX:DTM) is continuing a review of existing data to form exploration and drilling strategies at the Triumph Gold Project as the Company prepares to kick off its exploration activities as quickly as possible upon completion of the acquisition process. Dart Mining’s Chairman, James Chirnside, commented: “The ongoing research and activities planning at the Triumph Gold Project is well underway and continues to excite us. Our ability to drill at a modest cost, utilising the company’s own drilling equipment and crews, allows us to add significant value to the ongoing development of the project. Targeting of more conceptual exploration drilling across the lease areas is an important part of our approach as well as initial drilling for resource expansion and upgrade.” Read the full announcement here: https://bit.ly/3zWyuyt
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Dart Mining NL (ASX:DTM) are pleased to announce that it has applied for a new Exploration Permit Minerals (EPM 29097) adjoining its newly acquired Triumph Gold Project, located in Central Queensland, (subject to completion). Dart is excited by the gold and antimony prospectivity of the ground applied for given the geology and proximity to historic mines.?? EPM Application highlights? - EPM 29097 adjoins Dart’s Triumph Gold Project on the south and east and covers 320 km2 of the New England Orogen.? - The New England Orogen is prospective for intrusion related gold systems, porphyry copper-gold-molybdenum and gold-antimony vein hosted mineralisation.? - The Ubobo Creek Antimony Mine is within the southern part of the Triumph Gold Project (source: Calliope Mineral Occurrence Map, 2002, QLD Dept. Natural Resources and Mines). The adjoining EPM 29097 Application has similar geology and is also considered prospective for vein hosted gold-antimony.?? - The New England Orogen hosts the Hillgrove gold-antimony mine (Lavrotto Resources) and other historic gold-antimony mines near Gympie. Hillgrove has a resource of over 1Moz of gold and is in the top ten of global antimony resources. Read the full announcement here: https://bit.ly/4egJ5TF