Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

DART MINING NL Capital/Financing Update 2008

Jan 29, 2008

64792_rns_2008-01-29_c0cf2e66-b179-49d6-a183-2c79bedaa833.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

ASX RELEASE 30 January 2008

ASX CODE DTM

DART MINING HAS FURTHER SUCCESS

Dart Mining NL (ASX: DTM) today released their quarterly report which included additional promising results from the company’s Mountain View Prospect in the Dart Goldfield.

Further drilling has identified high grade gold from surface at Mountain View with the most significant intersects in hole MVD29 achieving, from 6 metres depth, 9m @ 10.02 g/t gold including 3m @ 21.0 g/t gold (adjacent to hole MVD20 previously reported 6m @21.8g/t) and in hole MVD33 achieving, from 1 metre depth, 13m @ 6.08g/t gold including 3m at 16.7g/t gold . The target remains open to the north and down-dip.

Newly discovered workings from the 1890s mining era have extended the known strike of mineralisation at Mountain View a further 800 metres along what is believed to be a parallel line of lode. This shows the system is capable of containing high grade gold and what was originally thought to be a single linear lode structure is now interpreted as capable of hosting multiple sub-parallel, vertically and laterally stacked sulphide lenses. These multiple new targets will be further investigated with RC drilling.

Dart Mining CEO, John Quayle commented “we are very pleased to see such encouraging results, supporting our belief in the potential of the area. We expect to see even more quality results following the arrival of two new, deeper capacity drilling rigs to work on our projects this year.”

Further information:

Investors: Dart Mining NL John Quayle Chief Executive Officer 03 9621 1322

Media:

Gryphon Management Australia Fiona Ellis 03 9670 1501

==> picture [5 x 5] intentionally omitted <==

Level 3, 15 Queen Street Melbourne, Victoria, 3000, Australia

TELEPHONE +61 3 9621 1322 FACSIMILE +61 3 9621 1544 EMAIL [email protected] WEB www.dartmining.com.au ACN 119 904 880