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Rock chips at Triumph signal new Queensland gold targets for Dart

Brought to you by BULLS N’ BEARS

By Helen Barling

Dart Mining is racking up a pipeline of prospective gold targets begging to feel the bite of the drill bit at its recently acquired Triumph project in Queensland.

While a diamond rig has been spinning around the clock peppering the Constitution prospect, old-fashioned “boots on ground” reconnaissance mapping and rock chip sampling has simultaneously been conducted over Dart’s 137 square kilometres of premium tenure.

Boots on ground at Dart’s Triumph gold project in Queensland have kicked up some intriguing rock chip specimens

Boots on ground at Dart’s Triumph gold project in Queensland have kicked up some intriguing rock chip specimens

The company says field activities have confirmed visual observations of mineralisation in five new under-explored target locations that extend the prospective Southern Corridor.

Close by, historical rock chip samples collected by previous explorers Metal Bank and Roar Resources returned a stellar 53.5 grams per tonne (g/t) gold, 47.1 g/t and 32.7 g/t gold that remain untouched by the drill bit.

Interestingly, the rock specimens contained both fresh sulphides and iron oxide replacement of sulphides intermingled with quartz veining. These observations are key geological signatures of known gold and silver mineralisation systems at Triumph and hint at a gold mineralised system buried below.

‘While we’ve been busy initiating a milestone drilling program, the geology field team have been focusing on developing a range of areas across the lease areas to add to Dart’s growing list of resource growth targets at Triumph.’

Dart Mining chairman James Chirnside

Additionally, handheld portable X-ray fluoresence (pXRF) analysis of the samples yielded anomalous pathfinder elements known to Triumph. While not precise, elevated readings of arsenic, silver, zinc and lead with the pXRF are encouraging.

According to management, the new targets highlight the attractive resource expansion potential at Triumph.

Dart Mining chairman James Chirnside said: “These early rock chip samples collected from undrilled target areas confirm Dart’s interpretation of resource expansion potential at Triumph. While we’ve been busy initiating a milestone drilling program, the geology field team have been focusing on developing a range of areas across the lease areas to add to Dart’s growing list of resource growth targets at Triumph. The advantage of the Dart-owned and operated diamond drill rig at site allows the team to obtain important data on geological structure and mineralisation as drilling progresses.”

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Dart acquired the Queensland-based project for a bargain $2 million from ASX-listed explorer Sunshine Metals. The purchase and surrounding land-grab stem from management’s belief that Triumph hosts a potential intrusion-related gold system, similar to the nearby Ravenswood deposit, which hosts more than 5 million ounces of gold.

The company launched an extensive nine-month diamond drilling campaign earlier this month with the first core being pulled from the Constitution prospect. Drilling is centred on extending the 56,000-ounce resource where previous standout hits of 10m at 26.9 g/t gold from 51m and 6m at 13.1 g/t gold from 96m have been returned.

Drilling will target other high priority prospects along the Southern Corridor aimed at expanding the 2.03g/t 118,000-ounce gold resource, including Big Hans, Super Hans and Bald Hill East, before turning to the resource growth prospects of Brigham Young and the historically productive Advance mine area.

While drilling operations have wrapped up for the year, Dart will no doubt be eagerly awaiting the assay results of the latest grab bag of intriguing rock chip samples. Depending on the results, 2025 could be one of Triumph for this ASX-listed junior explorer.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

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Original URL: https://www.smh.com.au/business/companies/rock-chips-at-triumph-signal-new-queensland-gold-targets-for-dart-20241220-p5kzzw.html