Dacian Gold Limited (ASX:DCN) Quarterly Activities Report and Appendix 5B

Dacian Gold Limited (ASX:DCN) provide the Quarterly Activities Report for period ending September 2014 with the following highlights:

Wide-spaced diamond drilling confirms high grade mineralisation at Westralia is at least 3kmlong and is open at depth. It is significantly larger than previously recognised. Better results
include:

- 2m @ 18.0 g/t gold
- 2m @ 8.6 g/t gold
- 1.8m @ 7.9 g/t gold

- 4.2m @ 6.8 g/t gold
- 4.8m @ 3.5 g/t gold
- 3.9m @ 3.0 g/t gold

Westralia framework drill hole 14MMRD022 intersected 13.9m @ 3.7 g/t gold on the RamornieStructure, 175m below the previous deepest drilling at Ramornie.

Drill results continue to confirm excellent continuity of high grade mineralisation overgood thickness is present on the Cornwall Shear Zone at Jupiter. Better results include:

- 3m @ 9.5 g/t gold
- 6m @ 3.9 g/t gold
- 16m @ 2.0 g/t gold
- 8m @ 1.8 g/t gold
- 11m @ 1.3 g/t gold
- 16m @ 1.0 g/t gold

- 9m @ 4.3 g/t gold
- 4m @ 4.6 g/t gold
- 6m @ 3.1 g/t gold
- 7m @ 2.9 g/t gold
- 11m @ 2.0 g/t gold
o11m @ 1.8 g/t gold

Corporate

The company remains well funded with $9.4 million in cash as at 30 September 2014.

James Howard commenced work as Dacian's Project Manager during the quarter.
To view the quarterly report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-DCN-696678.pdf


About Dacian Gold Ltd

Dacian Gold Limited (ASX:DCN) is a gold exploration and development company. The Company's principal activities include mineral exploration and development activities at its Mt Morgans Gold Project (MMGP) in Western Australia. MMGP is located over 20 kilometers west of Laverton, being approximately 850 kilometers northeast of Perth in Western Australia. The project area is a 520 square kilometer contiguous tenement package comprising granted mining licenses. MMGP includes various deposits, such as Westralia Deposit, Allanson Deposit, Beresford Deposit and Jupiter Deposit. The Jupiter Deposit occurs in the eastern half of the MMGP, being over 20 kilometers east-south-east of the Westralia Deposit. The Beresford mineralization is located at the south end of the Westralia ore system. The Cameron Well Prospect is located over five kilometers east of Westralia. The Callisto Prospect lies over six kilometers south of the Jupiter Deposit and over seven kilometers west of the Wallaby gold deposit.

 

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Dacian Gold Ltd