Golden Dragon Mining Strikes High-Grade Gold at Cue Project in WA
Golden Dragon Hits High-Grade Gold at Cue Project in WA

Golden Dragon Mining has reported significant high-grade gold results from its first-pass reverse circulation drilling program at the Behring Bore prospect, part of the company's Cue gold project in Western Australia's Murchison region.

High-Grade Intercepts at Behring Bore

The 18-hole program successfully intersected near-surface mineralisation, with standout results including a four-metre interval grading 4.36 grams per tonne (g/t) gold from 44 metres depth, within a broader 20-metre zone averaging 1.11 g/t gold from 32 metres. Multiple holes also cut broad gold mineralisation in altered, pyritic dolerite, indicating consistent geological control across the prospect.

Other notable results include 12 metres at 0.6 g/t gold from 80 metres, with a four-metre section grading 1.2 g/t, and 16 metres at 0.58 g/t from the same depth, featuring a four-metre interval of 1.2 g/t gold.

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Geological Setting and Potential

The mineralisation is associated with a structurally complex zone between a regional drag fold and the northern extent of the Big Bell Anticline. The company notes that the system remains open and only lightly drilled, with widely spaced holes and limited bedrock exposure leaving much of the system untested.

Golden Dragon Managing Director Simon Buswell-Smith said the initial results represent an important step in demonstrating the scale and potential of the emerging gold system at Behring Bore.

Second Phase Drilling Underway

The company has already completed a second phase of drilling totalling more than 2000 metres, targeting the upper portion of the altered dolerite and lithological contacts to better define the system's geometry and continuity. Samples are currently in the lab, with results expected in the coming weeks.

Cue Project Overview

The Behring Bore prospect is part of Golden Dragon's 612-square-kilometre Cue project, which also includes the highly prospective Coodardy prospect. Previous drilling at Coodardy outlined a 700-metre mineralised corridor with shallow intercepts of eight metres at 7.3 g/t gold and four metres at 9.7 g/t gold.

The project sits along strike from Westgold Resources' Big Bell mine and Ramelius Resources' 2.5-million-ounce Dalgaranga project, benefiting from proximity to infrastructure including Westgold's Big Bell and Tuckabianna mills, and Ramelius' Mount Magnet hub.

With the gold price remaining strong and drilling continuing, Golden Dragon is well-positioned to further define the potential of its Cue project. Pending assays from follow-up drilling will be closely watched to see if the grades and widths from the first pass can be replicated.

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