Dampier Gold: Receives initial results from Paradigm East

  • Dampier Gold has received initial results from the phase one reverse circulation (RC) drilling program at the Paradigm East Prospect
  • Paradigm East lies within the Zuleika Gold Project which is located on the Zuleika Shear Zone in Western Australia
  • 12 holes were drilled and the company has also received results from 11 with grades peaking at 7.97g/t gold
  • Further analysis of these results is being undertaken and a follow-up aircore (AC) program is being planned
  • This early success at Zuleika also confirms the significant potential of Dampier’s asset portfolio
  • Dampier has ended the day 6.25 per cent in the green with shares trading for 3.4 cents each in a $9.118 million market cap
Steve Sam
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.

You May Also Like

Venmo Strengthens Global Transfers by Allowing Payments to PayPal Accounts

Venmo users can now send money internationally to PayPal accounts.Highlights: Venmo now allows users to send money to...

Talos and Nasdaq Strengthen On-Chain and Off-Chain Collateral Workflow

New partnership enhances digital asset handling and collateral management.Highlights: Talos and Nasdaq collaborate to streamline collateral workflows.Partnership aims...

FCA Restricts Use of Sensitive Data in AI Trial with Palantir

Regulatory concerns arise over data handling protocols in AI trials.Highlights: FCA criticized for using sensitive data in AI...

Bank of Ireland Strengthens AI Readiness for Staff Training

New initiatives prepare employees for an AI-driven banking landscape.Highlights: Bank of Ireland launches AI training initiatives for staff.Employees...