Dacian has new resource for Mt Morgans scoping study
PERTH (miningweekly.com) – ASX-listed Dacian Gold will incorporate the updated mineral resource of three-million ounces into the scoping study for its Mt Morgans project, in Western Australia.
The updated mineral resource at Mt Morgans included a 10% increase in grade, from 2 g/t to 2.2 g/t, as well as the addition of a maiden 108 000 oz mineral resource for the Ganymede prospect.
It also included the replacement of the 112 000 oz heap leach mineral resource from the Jupiter prospect with a 58 000 oz low-grade stockpile, as well as the replacement of the 327 000 oz Transvaal mineral resource with a 210 000 oz mineral resource.
Along with these changes, the updated mineral resource also included a minor increase of the Footwall mineral resource.
Dacian said on Wednesday that the upgraded mineral resource inventory strengthened the Mt Morgans scoping study, which was due for completion in the coming weeks.
The study would assess the economic and technical viability of developing an openpit mining complex at Jupiter and a high-grade underground complex at the Westralia and Transvaal prospects.
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