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Dart Mining NL ( (AU:DTM) ) just unveiled an update.
Dart Mining NL has reported interim results from its 2024 diamond drilling program at the Phoenix Reef prospect within the Rushworth project in Victoria, confirming wide gold-mineralised lodes within a stacked system linked to a ruptured anticline. Significant intercepts included 12.8 metres at 1.75 g/t gold in hole PXDD006 and multiple narrower high-grade zones above 3 g/t gold, while the discovery of large, previously unknown underground workings suggests historic extraction of a higher-grade core but leaves a surrounding halo of gold mineralisation that remains prospective. The new structural interpretation, including evidence of substantial fault movement and multiple step-fault targets, reinforces the project’s exploration upside and underpins Dart Mining’s plan to resume drilling in 2026, with potential implications for the scale and continuity of gold resources at Rushworth.
More about Dart Mining NL
Dart Mining NL (ASX: DTM) is an Australian mineral exploration company focused on gold and other mineral prospects in Victoria. The company advances projects through drilling and geological interpretation, targeting historically mineralised fields and structurally complex systems with potential for modern, economically viable deposits.
Average Trading Volume: 1,673,934
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$7.55M
See more insights into DTM stock on TipRanks’ Stock Analysis page.