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Deflector holds potential for new orebody – Doray

21st July 2017

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

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JOHANNESBURG (miningweekly.com) – Western Australian gold miner Doray Minerals is in the early stages of potentially defining a new orebody at its Deflector mine, MD Leigh Junk said on Friday, as the company reported the results of follow-up drilling at Deflector North.

Junk reported that the company had encountered “bonanza grades, visible gold and massive chalcopyrite in the drill core” during a diamond drilling programme at the newly discovered extension to the Deflector orebody.

The follow-up drilling was designed to test below hole DEDD031 and an additional 40 m along strike to the northeast. A total of four diamond drill holes have been drilled to date, two of which have intersected significant visual mineralisation.

Hole DEDD045 has intersected multiple zones including 1.4 m at 106.2 g/t gold and 4.4% copper from 166.1 m.

Drilling is continuing with a diamond rig currently drilling the next step-out section.

Doray gained 8% on the ASX on Friday to close at A$0.21 a share.

Edited by Creamer Media Reporter

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