JOHANNESBURG (miningweekly.com) – Drilling results from an ongoing programme at dual-listed Dalradian Resources’ Curraghinalt gold deposit in Northern Ireland, have highlighted numerous areas within the deposit that could be converted to lower-cost mechanised mining.
“The rock strength is much better than originally modelled,” CEO Patrick Anderson stated on Thursday, adding that the company had now completed three-quarters of the planned drilling and reported results from just over half of the 20 holes.
The company noted that the drilling continued to deliver high-grade intercepts, both within the bounds of the previous resource.
Anderson added that the company was working its way through a considerable backlog of core while the more detailed logging was being carried out by geologists to boost the understanding of the deposit’s geotechnical characteristics.
“This work is vital to our updated feasibility study planned for third quarter of 2018. Drilling will continue into January so that we have the data we need to deliver a resource update in the second quarter of 2018, which will also feed into the feasibility study update."