Dart Mining (ASX: DTM) has intersected high grades of silver, of up to 28.2 grams per tonne (g/t), at the Unicorn project near Corryong, in north east Victoria.
Assay results were received from the third diamond drill hole of the Phase II drilling program.
Highlights include the entire hole (DUNDD006) which assayed 488.4 metres at 0.03 % molybdenum (Mo); 0.04% copper (Cu) and 4.28g/t silver (Ag), including:
- 64m at 0.06% Mo from surface;
- 132m at 0.08% Cu from 24 metres;
- 6m at 28.2g/t Ag from 393 metres.
There were also breccia zones indicating multiple mineralising events and preliminary 3D IP interpretation shows large chargeability anomalies yet to be drill tested.
Drillhole DUNDD006 shows a significant increase in the overall size of the system to the south below an outcropping breccia.
In addition a northern plunge to the highly mineralised M1 horizon is interpreted linking the upper part of DUNDD006 with the 163m at 0.06% Mo; 0.11% Cu and 7.4g/t Ag in DUNDD004 and 106m at 0.08% Mo; 0.15% Cu and 4.5 g/t Ag in DUNDD005.
The complete interpretation of all results will guide the targeting of these apparent high grade zones in the next phase of resource drilling at Unicorn.
Unicorn has many characteristics similar to the giant Henderson and Climax molybdenum mines in Colorado, USA. Climax style deposits form the largest primary molybdenum deposits worldwide. Unicorn is considered to be the first Climax style molybdenum porphyry discovered in Australia.