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Sydney, May 7, 2014 AEST (ABN Newswire) - Under Managing Director Allan Kelly's leadership, Doray Minerals Ltd (ASX:DRM) was recognised as the most successful IPO of 2010, was named "Gold Explorer of the Year" by the Gold Mining Journal in 2011 and has progressed its high grade Andy Well Gold Project from discovery to mining and production in just over three years.

Doray Minerals is Australia's new high-grade/low-cost gold producer with the following key points:

- Doray's Andy Well Gold Project is a new gold operation, currently amongst the highest grade and lowest cost gold operations in Australia

- Doray progressed Andy Well from discovery drill hole to first gold pour in 3.5 years, on budget and ahead of schedule

- Significant project upside exists at Andy Well with proven potential for resource extensions and multiple parallel high-grade gold lodes

- Doray is rapidly reducing its debt position, is well funded for future exploration programmes and is poised to take advantage of current market conditions

- Doray has a strategic gold exploration project portfolio in WA and SA and an experienced Board and Management Team with a track record of successful discovery, development and production

To view the Investorium.tv video presentation, please visit:
http://www.abnnewswire.net/press/en/77074/doray

To view the company presentation slides, please visit:
http://media.abnnewswire.net/media/en/docs/77074-drm.pdf


About Doray Minerals Limited

Doray Minerals Limited (ASX:DRM) is an Australian-based mineral explorer. The Company focuses on exploring for gold deposits in Western and South Australia, and has assembled a portfolio of exploration properties.

 


Contact

Doray Minerals Limited
WWW: www.dorayminerals.com.au
Telephone: +61-8-9226-0600
Fax: +61-8-9226-0633
Email: info@dorayminerals.com.au



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