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An announcement from Dart Mining NL ( (AU:DTM) ) is now available.
Dart Mining NL has reported high-grade gold and silver results from rock chip sampling at its Triumph Gold Project in Central Queensland, particularly from the Chandlers and Sailor Boy lodes east of the Norton Mine and along strike of the Spotted Gum Mine in the Advance prospect area. These new results, which include assays up to 109 g/t gold and 105 g/t silver, highlight untested high-grade zones outside the current Mineral Resource Estimate and support Triumph’s potential beyond its existing 150,000-ounce inferred resource and substantial exploration target.
Reinterpretation of historic reverse circulation drilling combined with recent field reconnaissance at the Advance prospect has led Dart Mining to plan follow-up diamond drilling to better understand the complex geology and unlock additional ounces. The company sees Triumph as its flagship growth engine, with the newly identified high-grade zones and planned drilling expected to enhance resource expansion opportunities and strengthen its longer-term gold development pipeline, complementing work underway at the Coonambula joint venture.
The most recent analyst rating on (AU:DTM) stock is a Hold with a A$0.03 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 mineral exploration company focused on gold assets, with a flagship position at the Triumph Gold Project in Central Queensland. The company is advancing an existing JORC-compliant Inferred Mineral Resource and associated exploration targets at Triumph, while also progressing an earn-in and joint venture at the Coonambula gold-antimony project, aiming to grow its gold inventory and regional footprint.
Average Trading Volume: 994,620
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.71M
For detailed information about DTM stock, go to TipRanks’ Stock Analysis page.