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Dacian has potentially identified a new production source at Mt Morgans

A total of 15 holes were completed at Mako with results including 0.5 g/t silver from 10m-32m, 54m @ 0.81 g/t gold and 0.63 g/t
6m @ 14.9 g/t gold from 224.7m, 6m @ 11.7 g/t from 224.7m, silver from 56-110m, 2m @ 3.09 g/t gold and 0.77 g/t silver from
10.5m @ 5.4 g/t from 229.7m, 6m @ 8.3 g/t from 58.2m, 27m 222-224m, 2m @ 6.44 g/t gold and 87.4 g/t silver from 324-326m
@ 3.6 g/t from 29.7m, 8.5m @ 11.7 g/t from 74.7m, 15m at 4.1g/t and 8m @ 2.82 g/t gold and 29.96 g/t silver from 342m-350m.
from 10.5m and 25.5m @ 3.16 g/t from 171m. More assays were pending at the time of print.
“The drilling results indicate strong potential to increase open pit
gold inventory at Mako which will extend the life of our new high PhoENix fliEs for daCiaN
quality, low cost operation,” Resolute managing director John
Welborn said. Dacian Gold Ltd has potentially identified a new production
source at Mt Morgans with infill drilling at Phoenix Ridge
delivering outstanding results, including 23.1m @ 30.2 g/t gold.
ColombiaN gold for mEtmiNCo
Drilling has defined a new 350m parallel lode with potential to
Metminco Ltd, soon to be renamed Los Cerros Ltd, has grow the maiden resource of 125,000oz @ 8.1 g/t gold. Infill
intersected a 350m-wide zone of gold mineralisation from drilling was ongoing at the time of print, with a resource update
surface in the first diamond hole ever drilled into the Chuscal scheduled for the March quarter.
gold target in the Mid Cauca porphyry belt of Colombia, part of
Some of the highlights from 40m x 40m infill drilling within
the company’s Quinchia gold project.
the inferred resource at the Phoenix Ridge deposit confirms
Highlights from the first hole of maiden Chuscal drilling continuity of high-grade gold mineralisation with results of 23.1m
programme ended at 452m depth, with CHDDH001 passing @ 30.2 g/t gold from 266.9m, 19.1m @ 5.1 g/t from 223.6m,
through an extensive 350m-wide mineralised zone from surface 2.4m @ 47.5 g/t from 313.35m and 10.2m @ 3.0g/t from 235.6m.
carrying an average uncut grade of 0.57 g/t gold over this
The new parallel high-grade shoot, less than 50m away from
extensive interval.
the existing resource at Phoenix Ridge, has been defined over
A number of intervals with higher grade gold and silver were a 350m plunge-extent and remains open at depth. Highlights
intersected within the broader 350m zone, including 6m @ 2.52 include 2.95m @ 17.7 g/t gold from 300.9m, 7.75m @ 8.3 g/t
g/t gold and 10.25 g/t silver from 0m-6m (including 2m @ 5.56 from 202.2m, 4.35m @ 4.8 g/t from 166.6m, 1.4m @ 9 g/t from
g/t gold and 29 g/t silver from surface), 22m @ 1.22g/t gold and 218.5m, 1.6m @ 6.2 g/t from 308.55m.

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PO Box 1163, Newman WA 6753, 0427 228 262, weldon@fortescuehelicopters.com.au

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