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Dacian Gold Announces First Ore Mined at Mt Morgans Beresford Underground

09 Oct 2017  |  09:56:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: First Ore Mined at Mt Morgans Beresford Underground

Dacian Gold announced that it has achieved another key development at its 100% - owned Mount Morgans Gold Project (MMGP), located 25km south-west of Laverton in WA, with underground mine development at Beresford intersecting first ore on 4 October 2017, four weeks ahead of schedule. Underground mining commenced at Beresford in mid - May 2017 and, by the end of September 2017, 1,837m of underground development had been completed compared with the Feasibility Study schedule of 1,509m, a total of 328m ahead of schedule. The first ore, which was scheduled to be mined on 5 November 2017, was exposed on the 2297 access drive as planned, and comprised a highly sulphidised banded iron formation (BIF) unit against a highly competent and visually distinct hangingwall basalt unit.

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