Doray Minerals hits high-grades at Gnaweeda

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THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has intersected further high-grade gold mineralisation from follow-up RC drilling being carried out at the Turnberry prospect, within the Gnaweeda project.

Doray has an 88 per cent interest in the Gnaweeda project (Chalice Gold Mines (ASX:CHN) 12%), which is located approximately 15 kilometres south east of the company’s Andy Well gold mine.

Doray believes Gnaweeda provides potential for additional high-grade ore within trucking distance of the Andy Well processing plant.

Results returned from the current program include:

TBRC009
4 metres at 7 grams per tonne gold from 127 metres downhole (mdh), including 1m at 21.3g/t gold from 128mdh;

TBRC017
11m at 3g/t gold from 59mdh;

TBRC019
2m at 6.2g/t gold from 168mdh;

TBRC024
3m at 3g/t gold from 28mdh;

TBRC025
2m at 3.8g/t gold from 171mdh and 6m at 2.8g/t gold from 187mdh;

TBRC026
14m at 1.6g/t gold from 18mdh and 11m at 1.6g/t gold from 36mdh;

TBRC027
26m at 2.6g/t gold from 82mdh, including 2m at 11.45g/t gold from 105mdh;

TBRC028
4m at 7.2g/t gold from 66mdh and 1m at 76.5g/t gold from 155mdh; and

TBRC032
5m at 2g/t gold from 58mdh.

Doray explained the recent drilling program was designed to both follow-up on results it released in June from the Turnberry South area, as well as to test the extents of mineralisation within the Central and Northern zones of the prospect.

“The recent drilling was successful in supporting the interpretation of mineralisation based on previous data and several strong intersections were received from both the Turnberry South and North target areas,” Doray Minerals managing director Allan Kelly said in the company’s announcement to the Australian Securities Exchange.

“The Gnaweeda project is shaping up as a potentially significant additional source of high-grade gold mineralisation that could be treated at Andy Well.

“So far, we have mineralisation stretching over 1.2 kilometres in strike in multiple parallel zones, with the southern target area completely open to the south.”

Email: info@dorayminerals.com.au

Website: www.dorayminerals.com.au