HomeFinTechDMC Mining: Confirms copper anomalism at Gibb River, WA

DMC Mining: Confirms copper anomalism at Gibb River, WA

DMC Mining Confirms copper anomalism at Gibb River, WA

  • DMC Mining (DMM) confirms copper anomalism at the Gibb River project in Western Australia following a sampling program
  • The company collected 27 rock chip and 11 soil samples from the Middle to Lower member contact zone which returned copper values of up to 315 parts per million
  • The results also validate sampling and drilling completed in the 1970s which also showed widespread copper anomalism in the same area
  • Executive Chair David Sumich says the results are “encouraging” and indicate that Gibb River represents an “outstanding” exploration project
  • Shares in DMCMining are down 21.7 per cent, trading at 11.8 cents at 2:41 pm AEDT
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