UML unity mining limited

Dargues - a reminder

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    A reminder about Dargues - from Unity website:
    "The Measured, Indicated and Inferred resource (JORC compliant) at Dargues Reef is currently
    1,615,000t @ 6.3g/t Au for 327,300oz Au (<2g/t cut-off).
    The ore body remains open at depth (+450m), as indicate by some of the deepest holes drilled to date:
    • 5.7m @ 97.13 g/t Au from 454m in DREX226 (open at depth)
    • 9.9m @ 32.2 g/t Au from 511.3m (DREX225W2) (open at depth)
    • 8.2m @ 5.2 g/t Au from 556.6m in DREX083 (Approximately 50m below the mineable resource)"
    And about the area in general:
    "The Majors Creek Gold Project is located in the highly prospective Lachlan Fold Belt of the Southern Tablelands region of NSW. ... This area represents the largest alluvial goldfield in NSW, with gold production at the turn of last century of 1.25Moz. During the 19th century high grade, structurally controlled, primary gold mineralisation was discovered and mined from a number of localities in the “roof zone” of the prospective I-type Braidwood Granodiorite. Dargues Reef, the principal exploration target, was mined from 1870-1891 and again from 1914-1916 reaching a maximum depth of 70m. The Dargues Reef represents only one of the potential sources of the regions extensive alluvial gold occurrences. The Majors Creek area contains at least 24 other historic hard rock mines, including Snobs, United Miners, Dunsheas, Big Hill, Rise & Shine and Camages, all which have verified historic head grades ranging from ¼ to 4ozs." (conversion - from 7g/t to 100g/t)

    Look at the grades, and the widths of intercepts, and how little of our area has been drilled to date.

    I, for one, came to UML (via the former Cortona) for Dargues potential bonanza - I would like to retain a share of that potential.

    DYOR of course
 
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