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

LSEG Partners with Dell to Build Private Cloud Platform

Collaboration aims to enhance LSEG's cloud capabilities for financial services.Highlights: LSEG partners with Dell to create a private...

Ethical Savings App Zero Ceases Trading Amid Financial Challenges

Zero, known for promoting ethical savings, halts operations due to financial issues.Highlights: Ethical savings app Zero has ceased...

Wise Launches UK Current Account, Strengthening Banking Services

New offering aims to enhance financial management for UK customers.Highlights: Wise unveils its new current account service in...

Reserve Bank of Australia Introduces Caps on Interchange Fees

New regulations aim to lower transaction costs for consumers and businesses.Highlights: Reserve Bank of Australia implements new caps...