Phoenix Ridge promise

DACIAN Gold has announced a maiden resource for the Phoenix Ridge deposit at its Mt Morgans gold project in Western Australia, of 481,000 tonnes at 8.1 grams per tonne for 125,000 ounces of gold.

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Jupiter mine area at Mt Morgans

Unearthed just over four months ago, the new resource at Phoenix Ridge brings the total mineral resource at Mt Morgans to 55.2Mt at 2.1g/t for 3.65 million ounces of gold.