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Dart Mining to Continue Drilling Unicorn Deposit

Dart Mining is hoping to carry out a drilling program to upgrade its resources at the Unicorn Deposit located in north east Victoria. The Australian Securities Exchange listed company has hired drilling contractor Techdrill Services to help with the drilling program.

The exploratory drilling is to be undertaken in the upper 250 meters of the desposit. It will be carried out between existing drill holes so as to upgrade the current indicated and Inferred resources at the Unicorn Deposit. The program is to start in end February and will also test the southern margin of the mineralization that would form the high wall of a future open pit mine at the location.

The Unicorn Deposit is said to be geologically similar to the Henderson molybdenum mine in Colorado, USA, the flagship project for Dart Mining. The company also has two more gold projects which include Mountain View and Fairley.

The maiden Indicated and Inferred Resource at Unicorn of 105 million tonnes at 0.07% molybdenum equivalent does not include mineralisation surrounding the porphyry. The southern mineralised breccia, sediments and rhyolite surrounding the Unicorn porphyry will be tested in the new exploratory drilling scheduled for February.

The updated resources results should be available by this September. After that follow up work of infill stream sediment sampling and targeted soil sampling traverses across individual anomalies will continue in 2012.

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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