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DART MINING NL — Regulatory Filings 2012
Jun 6, 2012
64792_rns_2012-06-06_a166493b-5f14-447c-972a-97e2c2aeeec9.pdf
Regulatory Filings
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ASX ANNOUNCMENT
7[th] June 2012
DART MINING RECEIVES ARROWHEAD RESEARCH COVERAGE
ASX Code: DTM
Investment Data
Shares on issue 180.9m
Unlisted options 8.55m
Shareholders
Top 20 Hold 36.83 %
Key Projects / Metals
-
Unicorn Porphyry Mo-Cu-Ag -
Morgan Porphyry Mo-Ag-Au -
Mountain View Lode – Au
Mo – Molybdenum Cu – Copper Au – Gold Ag – Silver
Dart Mining NL has received research coverage from Arrowhead, a New York City based, independent financial and business consulting firm � The report can be downloaded from the Dart Mining website - http://www.dartmining.com.au.
About M olybdenum
Molybdenum is both a traditional and new age / future metal with unique
characteristics. Its primary use is as an essential metal in the manufacture of steel
where it adds strength, hardness and toughness as well as increasing steels
resistance to corrosion. Molybdenum also has a range of chemical uses including
acting as s a catalyst to remove impurities, including sulphur, during crude oil
production. Molybdenum is also used in the paint and plastics industry.
Molybdenum has a growing use in the renewable energy sector where it is used in
the manufacture of solar panels and has a potential use as the electrode plate for the
separation of hydrogen and oxygen to produce hydrogen energy. Molybdenum is
also used in nano technologies to make electrical goods smaller.
Molybdenum is traded on the LME and has worldwide demand of ~ 220,000 tonnes
pa that is growing at 5% pa.
Board & Management
About Dart Mining
Chairman
Mr Chris Bain
Managing Director
Mr Lindsay Ward
Executive Director
Mr Dean Turnbull
Manager – Exploration
Non-Executive Directors
Mr Stephen Poke
Mr Richard Udovenya
Contact Details
Dart Mining NL
Level 2
395 Collins Street
Melbourne VIC 3000
Australia
Mr Lindsay Ward
Dart Mining NL (ASX:DTM), a Victorian-based exploration company, has discovered
a new mineralised province hosting molybdenum (Mo) + copper (Cu) + silver (Ag)
mineralised climax style porphyry igneous intrusive. The Dart Mining mineral
province occurs within the Lachlan Fold Belt near Corryong in north east Victoria and
is the only known Australian host of Climax style porphyries which are proven hosts
of world class mines around the world. The Lachlan Fold Belt and Gilmore suture that
cross from NSW into Dart Mining’s tenements in Victoria are proven hosts of
substantial porphyry mines including North Parkes, Cadia and Ridgeway in NSW and
the Benambra VMS to the south of Dart Mining’s tenements in Victoria.
Dart Mining recently announced its maiden JORC Resource for its principal project
Unicorn, which has very strong geological similarities to the world class Henderson
primary Mo mine in Colorado, USA. Dart Mining tenements remain largely
underexplored and the potential for identifying additional mineralised porphyries is
very strong.
Dart Mining also has two gold projects including Mountain View where drilling
identified high-grade gold along a 150 metre strike with results including 6m @ 7.8 g/t
Au (including 2m @ 19.3 g/t Au) and 4m @ 8.72 g/t Au (including 1m @ 18.75 g/t Au)
as well as the Fairley’s disseminated gold prospect where drilling has confirmed the
presence of a very large (up to 22 metres in width) disseminated sulphide related
gold system.
Phone: +61 (0)3 9621 1299
Email:[email protected]
Visit our webpage:
www.dartmining.com.au
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