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Dacian discovers new gold zones at Mount Morgans project

Dacian Gold Ltd. on Jan. 23 said reconnaissance exploration drilling near the Jupiter open-pit deposit, part of its Mount Morgans gold project in Western Australia, delineated two extensive new zones of gold mineralization to the south and east of the Jupiter open pit.

The 1.3-kilometer-long South Cornwall target returned 4-meter assay grades of up to 4.5 g/t of gold, while the 1-Km-long and 600-meter-wide East Heffernans target returned 4-meter assay grades of up to 3.6 g/t of gold.

Dacian now plans to fast-track infill drilling and start reverse circulation bedrock drill testing at South Cornwall and East Heffernans. It is aiming to delineate resources this year and believes that the targets have the potential to increase the mineral resources at the Jupiter deposit.