Dajin Resources Corp. has discovered a potentially large zone of gold mineralization based upon results from the recent 12-hole (2,484-metre) drill program at Dajin's 100-per-cent-owned Addie 1 gold prospect. The Addie 1 claims are located in the Cariboo mining district in south-central British Columbia adjacent to and southeast of Spanish Mountain Gold Ltd.'s gold discovery, which is reported to contain six million ounces of gold.
Significant gold results were encountered in both drill targets previously identified by geochemistry and airborne geophysics. Drill holes AD1-2011-007, AD1-2011-008, AD1-2011-011 and AD1-2011-012 ended in mineralization. The two southwesternmost holes, AD1-2011-011 and AD1-2011-012, have mineralized intervals of 92 metres and 85.2 metres respectively. Of particular note, the last sample in AD1-2011-011 assayed 0.283 gram per tonne gold. In addition to the prospective region between the two drill patterns, gold mineralization is open in all directions.
Further trenching, ground geophysics and detailed structural mapping is planned prior to Dajin's next phase of drilling. With gold grade and intersection lengths increasing to the south and west in the southern drill pattern, Dajin's next drill program will extend into this underexplored till-covered region. The Addie 1 claims extend southerly more than 1.5 kilometres beyond the drill pattern.
ADDIE 1 INTERVALS AND AVERAGE GOLD GRADES
From To Interval Au
Hole No. (m) (m) (m) (g/t)
AD1-2011-009 6.0 102.0 96.0 0.106
AD1-2011-009 148.0 158.0 10.0 0.096
AD1-2011-010 150.0 164.0 14.0 0.098
AD1-2011-011 108.0 201.2 93.2 0.149
AD1-2011-012 20.0 50.0 30.0 0.131
AD1-2011-012 116.0 201.2 85.2 0.116
AD1-2011-001 4.9 26.0 21.1 0.114
AD1-2011-002 10.0 32.0 22.0 0.11
AD1-2011-003 42.0 44.0 2.0 0.141
AD1-2011-004 No significant intervals
AD1-2011-005 6.1 36.0 29.9 0.116
AD1-2011-005 46.0 52.0 6.0 0.13
AD1-2011-005 58.0 80.0 22.0 0.107
AD1-2011-006 98.0 104.0 6.0 0.111
AD1-2011-007 60.0 84.0 24.0 0.111
AD1-2011-007 144.0 152.0 8.0 0.109
AD1-2011-008 40.0 60.0 20.0 0.101
AD1-2011-008 76.0 84.0 8.0 0.116
AD1-2011-008 160.0 190.0 30.0 0.133
AD1-2011-008 246 259.1 13.1 0.113
Intervals are drill intervals only. No true thicknesses are available as orientation of the mineral zones has yet to be determined.
The Addie 1 prospect belongs to the sediment-hosted vein deposit class of mineral deposits. These are shale- or siltstone-hosted deposits emplaced during regional metamorphic events. They tend to occur in groups, and may have very large aggregate tonnages and cumulative ounces of gold. They occur in many places, but are most prolific in Asia.
Important examples are Muruntau (more than 80 million ounces), Sukhoy Log (more than 20 million ounces), Amantaytau, Daugiztau, Kumtor, Bakirchik, Olympiada, Nezhdaninskoe, Natalka and Maysky (all more than five million ounces). In Australia, the numerous deposits of the Victorian goldfields include Bendigo (more than 20 million ounces), Ballarat, Fosterville and Stawell. In New Zealand, Macraes Flat (about five million ounces) and other smaller deposits are known. The Spanish Mountain deposit that is being explored eight kilometres northwest of the Addie 1 prospect is a local example of the deposit class that is reported to contain six million ounces of gold.
