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Bullboard - Stock Discussion Forum Damara Gold Corp V.DMR

Alternate Symbol(s):  SLMZF

Damara Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the exploration of the Placer Mountain Gold Property and VanLab Property. The Placer Mountain Property covers an approximately 16,381-hectare land package, which is located approximately 35 kilometers south of Princeton, British Columbia. Its VanLab Property is located in the Quebec territory of Nunavik... see more

TSXV:DMR - Post Discussion

Damara Gold Corp > Additional high-grade gold intersections at Placer Mountain
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Post by waves1 on Apr 11, 2022 1:31pm

Additional high-grade gold intersections at Placer Mountain

Last week, Damara Gold ($DMR.v $SLMZF) announced additional intersections of high-grade gold at the Kodiak Zone at its Placer Mountain Project!
 
Highlights:
• 1.35m at 46.51g/t gold and 32.2g/t silver
• 1.3m at 31.80g/t gold and 47.3g/t silver
• 3.0m at 39.20g/t gold and 80.4g/t silver
• Quartz-sulphide veining intersected in all holes
• Zone remains open in all directions within largely untested 1.5km long and 600m wide high-grade soil anomaly open 
 
$DMR has doubled its land holdings to 17,519 hectares with an additional 8,563 hectares of additional ground acquired along strike.
 
Notably, only 200m of the 600m wide soil anomaly have been tested and there is potential for the discovery of additional parallel veins below select high-grade float samples.
 
With field evaluations of targets set to begin soon, these are solid results from $DMR with significant potential for additional expansion and discoveries. 
 
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2866-tsx-venture/dmr/119087-damara-continues-to-intersect-high-grade-gold-at-kodiak-zone-with-1-35-meters-at-46-51-g-t-gold-and-32-2-g-t-silver-and-1-30-meters-at-31-80-g-t-gold-and-47-3-g-t-silver-land-holdings-have-been-doubled-to-17-519-hectares.html
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