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DART MINING NL - ASX: DTM
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Description
Dart Mining (ASX: DTM) is a gold and base-metals exploration and development company based in Melbourne, Victoria. Established in 2006, Dart is focused on exploring for disseminated gold in the north-east of Victoria and south-east of New South Wales, targeting historic goldfields with little or no modern mining activity.
Dart (EL4726), Victoria
The Dart Goldfield is located some 45km south of Corryong in NE Victoria. It comprises a number of shallow mines from the 1890s where the gold is associated with sulphide rich lode structures. Dart Mining has commenced evaluation of this goldfield by drilling at Mountain View and Mount Elliot.Other mines in the goldfield will be mapped and sampled in order to prioritise further drilling opportunities. The Dart EL also contains a number of porphyry gold, silver and base metals targets which are being explored.
Buckland (EL4724), Victoria
Fairley's Prospect
Located about 200 kilometres from Melbourne in north-eastern Victoria, the Buckland Valley goldfield is contained entirely within Darts EL 4724. Fairley’s prospect is a “rediscovery” which Dart considers of exploration significance. The prospect is situated at 800 metres elevation on a ridge above Fairley’s Creek, a tributary of the Buckland River and its extensive historic alluvial gold workings.
Tooma (EL6172), New South Wales
The Tooma region is in southern New South Wales, close to the Victorian border and is linked by sealed and secondary roads to the Victorian town of Corryong. Past drilling of the Tooma deposit showed that alluvial material containing approximately 0.2 g/m3 Au occurs with minor sapphire under shallow overburden. Mannus Creek and the Tarcutta deposit have similar alluvial’s, although the latter is smaller and possibly higher grade. Burra Creek is smaller again but could also be of a higher grade.
Porphyry Targets
Porphyry targets are deposits of igneous intrusive rock, formed when volcanic magma cooled and solidified within the earth hundreds of years ago, which can contain a common zoned distribution of precious and base metals mineralisation.
The key porphyry targets for Dart are:
- Unicorn – A signicant molybdenum anomaly has been identified. A follow up drilling program has commenced,
- Morgan - Nearby to Mt Unicorn in the Zulu - Empress corridor intersect. Interpretation of geochemistry sampling is underway,
- North Mammoth - Located in the Zulu corridor to the south. A drill program is underway as part of the Rediscover Victoria Drilling (RVD) grant.
Mine For
gold, silver, copper, molybdenum, tin
Location of operation(s)
Victoria, New South Wales
Address
C/O Draffin Walker & Co, Level 2, 395 Collins St
MELBOURNE, VIC, AUSTRALIA
Phone
(61 3) 9620 0033
Website
Last Updated
18/5/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
