Dacian Gold: Extends gold mineralisation at Jupiter

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Dacian Gold Extends gold mineralisation at Jupiter

  • Dacian Gold (DCN) has extended the mineralisation at the Jupiter mining complex, located within the Mt Morgans Gold operation in Laverton, Western Australia
  • An extensional program was undertaken with diamond drilling testing for mineralisation and structural orientation below the Heffernans open pit
  • The deepest hole drilled to date returned grades of up to 9.6 grams per gold tonne and extends the mineralisation to 500 metres below the base of the open pit
  • Four further diamond drill holes were completed at Heffernans and Doublejay, with assays pending and follow up holes planned
  • DCN shares have been trading 3 per cent higher at 17 cents
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