Asian Equities News 2015-08-04: Exceptional Gold Values Found by A1 Consolidated
04.08.2015 | ABN Newswire
Sydney, Australia (ABN Newswire) - A1 Consolidated Gold Ltd (ASX:AYC) has reported the first results from mineralised quartz reef in the 1460 Level Access Drive at the Company's A1 Mine in North-eastern Victoria. Face chip samples up to 12,800 g/t Au with sample grabs up to 1,333 g/t Au. The Company is continuing to develop along this vein to assess the extent of mineralisation and stockpiling of the mined ore has commenced in preparation for processing.Energia Minerals Ltd (ASX:EMX) advised that the first exploration diamond hole drilled at its 100% owned Gorno Zinc Project in northern Italy, has returned outstanding first assay results of 8.5m grading 13.6% Zn and 3.4% Pb (17.0% combined) within a larger intersection of 13.2m grading 10.9% Zn, 2.8% Pb and 53 g/t Ag. The intersection includes two massive sulphide intervals of 0.8m and 0.7m grading 52.7% and 55.2% combined Zn+Pb respectively.
Dacian Gold Ltd. (ASX:DCN) announced a 76% or 652 Koz increase of the Westralia Mineral Resource to 1.5 million ounces of gold at a grade of 5.1 g/t Au (above a lower cut-off grade of 2 g/t Au). The new estimate covers a continuously mineralised 2.8 km length of the Westralia gold system. Dacian has now discovered over 1 million ounces of gold at each of the Westralia Prospect and the Jupiter Prospect since its IPO in November 2012.
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