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Posted: 2024-12-02 06:45:05

The high-grade gold mineralisation across the Triumph project has only ever been historically exploited in one area at the Advance Mine. The old mine will also see deeper exploration, with Dart aiming to uncover untapped potential below its historic shafts.

Significant previous intercepts at Advance include a 3m hit grading a substantial 24.9g/t gold and another 1m hit boasting 45.5g/t gold, hinting at the high-grade opportunities that could lie beneath.

Beyond the key resource areas, Dart geologists are also eyeing the broader potential of Triumph’s unexplored bulk tonnage targets. New predictive geochemical models indicate the presence of large-scale mineralisation sources that are yet to be tested by any serious modern exploration.

Leveraging its low-cost drilling capabilities, Dart intends to test the conceptual targets in the later phases of the program as it continues well into 2025.

Triumph offers some low-hanging near-term resource expansion potential for Dart, with a good 3700m of drilling from previous owner Sunshine not included in the 118,000-ounce resource.

Intrusive related gold deposits whilst rarer, can result in multi-million-ounce discoveries as was the case with De-Grey Mining’s Hemi discovery that ultimately led to a circa 12.7m ounce discovery and a whole lot of blue sky for De-Grey.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

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