Doray Minerals (ASX: DRM) has announced results from recent surface reverse circulation (RC) drilling focused on testing several near-mine exploration targets at its Deflector Gold Copper Mine, which have reaffirmed the untapped potential of the operation. The results continue to show the high-grade prospectivity of Deflector and the potential for additional discoveries.
Doray Minerals (ASX: DRM) has announced results from recent surface reverse circulation (RC) drilling focused on testing several near-mine exploration targets at its Deflector Gold Copper Mine, which have reaffirmed the untapped potential of the operation.
HIGHLIGHTS
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Drilling on a series of traverses across the Spanish Galleon target 500m west of Deflector intersected near-surface gold and copper mineralisation as well as narrow zones of primary mineralisation. Significant results include:
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DERC0299 – 1m @ 9.0g/t Au and 0.1% Cu from 52mdh
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DERC0303 – 1m @ 7.3g/t Au and NSA Cu from 37mdh
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DERC0300 – 3m @ 3.8g/t Au and 0.4% Cu from 112mdh
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Drilling on the Deflector Southwest target, 300m from Deflector, following up on an historic drill intersection previously reported in 2014 (14DEFDD015 – 3.1m @ 9.9g/t Au and 7.5% Cu) returned several high-grade intersections correlating with the revised interpretation of the prospect. Significant intersections include:
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DERC0318 – 1m @ 11.3g/t Au and 4.4% Cu from 102mdh
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DERC0319 – 2m @ 6.1g/t Au and NSA Cu from 224mdh
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DERC0322 – 5m @ 3.2g/t Au and 0.1% Cu from 239mdh
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Drilling has highlighted the broader extent of gold and copper mineralisation present within the Deflector area and the clear potential for additional discoveries.
Commenting on these high-grade intersections at prospects close to the Deflector mine, Doray Minerals Managing Director Leigh Junk said, “These latest results continue to confirm our long-held belief that there is additional untapped mineralisation across the broader Deflector project area.
“We have been consistent over the past year in investing in near-mine exploration with the target of extending Deflector’s mine life.
“These latest results, while early stage, are extremely encouraging and highlight yet again the high-grade prospectivity of Deflector, and we look forward to continuing to unlock its significant potential.”
