Company Presentation
Perth, June 25, 2014 AEST (ABN Newswire) - Dacian Gold Ltd (
ASX:DCN) provides their latest company presentation. Below are the summaries of the presentation:
- Strong belief in growing Mt Morgans into significant stand-alone gold operation.
- 2013 drilling confirmed our view that high grade discoveries are able to be made (Millionaires and high grade lodes at Jupiter).
- Company remains well funded ($12M) to continue growing 4 g/t +1Moz resource base.
- Focused on hard work and creating value for shareholders.
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-DCN-681849.pdf
About Dacian Gold Ltd
Dacian Gold Limited (
ASX:DCN) Mt Morgans Project hosts high grade Mineral Resources of 2.1 million ounces at an average grade of 2.6 g/t gold, including Ore Reserves of 136,000 ounces at an average grade of 6.2 g/t gold. In addition, the Company has identified multiple exploration targets and resource extension opportunities. If proven, they will enable growth of the Mt Morgans' existing Mineral Resource and Ore Reserve base.
Dacian's strategy at Mt Morgans is evolving toward mine feasibility and potential mine development. It has identified two large mineralised systems at Westralia and Jupiter where it believes mine development at each site is a possibility, and will be the subject of ongoing drilling and feasibility studies. Dacian considers a high grade Ore Reserve of at least 600,000 ounces of gold is reasonably likely to provide sufficient returns to justify the investment capital required to construct an ore processing facility at the project.
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