Dalradian intersects 1.05 metres at 53.64 g/t gold from infill drilling at Curraghinalt
TORONTO, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Dalradian Resources Inc. (TSX:DNA) (AIM:DALR) (“Dalradian” or the “Company”) is pleased to report results from 16 drill holes from infill drilling at the Curraghinalt gold deposit in Northern Ireland. The drill program is ongoing, with five drill rigs working on surface and two drill rigs underground.
Highlights
- 0.44 m of 318.00 g/t gold from the Bend vein in hole 17-CT-445
- 0.34 m of 216.00 g/t gold from the No. 1 vein in hole 17-CT-452
- 1.14 m of 45.54 g/t gold from the T17 vein in hole 17-CT-459
- 0.73 m of 49.80 g/t gold from the V55 vein in hole 17-CT-459
- 0.86 m of 41.85 g/t gold from the 106-16 vein in hole 17-CT-459
- 1.05 m of 53.64 g/t gold from the Mullan-S vein in hole 17-CT-470
- 0.70 m of 73.89 g/t gold from the Crow vein in hole 17-CT-471
Patrick F.N. Anderson, Dalradian's President and CEO, commented:
“These high-grade infill drill results support delivery of a positive resource update in Q2 2018, which will then feed into an updated feasibility study planned for Q3 2018.”
Details of drilling at Curraghinalt
Results are being reported for 16 drill holes for a total of 6,798 metres. 13 holes were drilled from underground and are in the central part of the Curraghinalt deposit (see plan map and cross section at https://www.dalradian.com/news-and-events/news-releases/news-releases-details/February-20-2018-News-Release-Figures). These holes were drilled at varying intervals targeting some of the veins included in the last mineral resource estimate (see the Company’s Technical Report, as defined below, dated January 25, 2017) in zones where increased drill hole density will likely result in the conversion of resource ounces from the Inferred to the Indicated category.
These intercepts correlate with and improve the current geological model with respect to the continuity and smoothness of the individual vein wireframes.