Voyager Resources Hits "Exceptional" High Grade Gold At Daltiin Ovor
(Mogi: VOR opened today 3c or 23% higher at 1.6c on the announcement. Traded as high as 2.1c. Last traded at 1.7c as of 12:05 pm Sydney Time)
July 28 (Proactive Investors) Voyager Resources (ASX: VOR) has reported "exceptional" high grade drilling results from the North Hinge Zone at the Daltiin Ovor Gold Project in Mongolia with intersections including 3 metres at 50.59 g/t gold.
Drilling returned "exceptional" results, including:
- 3 metres at 50.59 g/t gold, 4.0% copper & 31.3 g/t silver from 6 metres (DL_12_RC)
- 9 metres at 10.45 g/t gold, 0.8% copper & 16.8 g/t silver from 11 metres (DL_04_RC)
- 9 metres at 10.40 g/t gold, 0.9% copper & 14.3 g/t silver from 10 metres (DL_10_08_RC)
Drilling was targeted at testing trenching results, which included:
- 12 metres at 8.7 g/t gold, 24 g/t silver and 0.67% copper
- 10 metres at 7.8 g/t gold
- 15 metres at 5.4 g/t gold, 22 g/t silver and 0.5% copper
A further RC drilling programme is now being planned to test strike extensions, down dip continuity and other mineralised areas that have been identified from previous trenching.
Drilling has also indicated that the mineralisation is shallow dipping as opposed to the previous interpretation from mapping that indicated the system was steeply dipping.
In addition, Mineralisation remains open to the north west and south east. Drilling is currently being planned to recommence in August.
The company will also drill test a number of targets outside of the main hinge zone. This includes the central zone, where drilling has returned up to 3 metres at 6.28 g/t gold and the southern zone, where trenching has returned 10 metres at 7.8 g/t gold and 3 metres at 19.4 g/t gold.
Kell Nielsen, managing director, said the initial drilling results at Daltiin Ovor are highly encouraging and further drilling is being planned. The company has also completed initial drilling programmes at the Argalant and Tsagaan Gold Projects, where results will be reported over the next month.
Voyager also continues to assess additional quality gold opportunities in Mongolia.
Link to article
Link to official announcement
"Mogi" Munkhdul Badral
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