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Dart Mining NL ( (AU:DTM) ) just unveiled an announcement.
Dart Mining NL reported a significant step-up in its Triumph Gold Project in Victoria, declaring an exploration target of 5.1–7.6 million tonnes at 1.72–2.52 grams per tonne gold, equating to 285,100–613,200 ounces, with a base case of 6.9 million tonnes at 2.29 grams per tonne for about 506,800 ounces. This new exploration target sits alongside an existing JORC mineral resource of 2.16 million tonnes at 2.17 grams per tonne for 150,000 ounces, and is largely defined by drilling in close proximity to the current resource, with most material potentially amenable to open-pit mining. During the quarter, Dart completed 2,761 metres of diamond drilling at Triumph, with final assays from deep hole TRDD014 confirming high-grade gold and silver intersections and demonstrating that mineralisation extends at depth and widens to create a 170-metre-wide mineralised zone at New Constitution. The discovery of multiple new parallel lodes and broad mineralised zones materially reinforces the scale and quality potential of Triumph, improving Dart Mining’s growth outlook and strengthening the project’s strategic importance within its exploration portfolio.
The most recent analyst rating on (AU:DTM) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Dart Mining NL stock, see the AU:DTM Stock Forecast page.
More about Dart Mining NL
Dart Mining NL is an Australian exploration company listed on the ASX that focuses on gold and other mineral prospects in Victoria. The company advances projects through drilling-led exploration and resource definition, targeting both open-pit and deeper underground potential to grow its JORC-compliant mineral inventory and enhance project development options.
Average Trading Volume: 1,207,202
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$9.44M
See more insights into DTM stock on TipRanks’ Stock Analysis page.