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

Visa and TikTok Launch Creator Card, Enhancing Monetization for Influencers

New financial tool aims to streamline earnings for content creators.Highlights: Visa and TikTok have launched the new Creator...

Nium and Coinbase Strengthen Global Stablecoin Settlement Partnership

The collaboration aims to enhance cross-border payments using stablecoins.Highlights: Nium partners with Coinbase to optimize stablecoin settlements.The collaboration...

FCA Announces Second Cohort for AI Live Testing Initiative

New phase aims to improve integration of AI in financial services.Highlights: FCA launches second cohort for AI live...

Cab Payments Strengthens Case Against Helios Blocking Takeover Bid

Cab Payments contests Helios Investment's actions regarding merger talks.Highlights: Cab Payments accuses Helios of blocking a crucial takeover...