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Dome Gold Mines adds Koroua Island resource to Sigatoka mineral sands project

Dome Gold Mines Ltd. on Dec. 11 outlined an indicated resource estimate for the Koroua Island deposit, part of the larger Sigatoka iron sand project in Fiji, of 7.0 million tonnes of heavy minerals contained in 52.7 Mt grading 13.3% heavy minerals, using an 8% cutoff grade.

Results from a 69-hole sonic drilling program over the Koroua Island resource area were used to form the estimate.

After outlining a resource estimate for the Koroua Island deposit, total resource inventory at the Sigatoka project stood at 184.1 Mt.

The resource inventory took into account resources from the Sigatoka River of 25.3 Mt grading 11.6% heavy minerals in the indicated category and 5.9 Mt grading 10.7% heavy minerals in the inferred category. The inferred resource for the onshore Kulukulu deposit totaled 100.2 Mt grading 17.2% heavy minerals.

A new phase of sonic drilling is ongoing, targeting the Kulukulu resource area. A definitive feasibility study for Sigatoka is progressing.