Latest Research

Dacian Gold (DCN) - Infilling Reserves And Value

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Dacian Gold (DCN) has reported high grade results from an infill drill program at its Mount Morgans Project in Western Australia. The program focused on the upper levels at the Beresford underground mine and aimed at refining the mine plan, firming up the geological model and infilling and extending known mineralisation in preparation for first production. The results of the drill program have shown that i) high grades shoots occur outside the current Ore Reserve in close proximity to existing development and ii) mineralisation is broader than initially modelled in some areas such that bulk mining methods may be employed. DCN will now move to update its mine plan at Beresford and complete an 18-hole program at Allanson with a similar infill program ahead of mine development. Maintain BUY and target price of $3.00ps.  

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