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Golden Dragon Mining Ltd (ASX:GDR)
ALERT: Price-sensitive ASX Announcement for GDR
Current share price for GDR : $0.160 0 (0%)+
Announcement
Release
24 Jun 2026 9:43AM
Price at Release
$0.160
Full Release
Summary
Golden Dragon Mining Ltd has reported significant findings from its second phase of Reverse Circulation (RC) drilling at the Behring Bore Prospect within the Cue Gold Project in the Murchison Goldfields of Western Australia. The drilling intersected high-grade gold mineralization, confirming a large-scale gold system with high-grade lode-style minerals. Key results include the identification of a high-grade northeast trending quartz lode, and several drill holes returning significant gold grades, enhancing confidence in the geological model. The exploration program continues to expand with plans for further drilling targeting both the Behring Bore and nearby Coodardy prospects.
Key Points
- Golden Dragon Mining Ltd conducted a successful 26-hole RC drill program at Behring Bore.
- High-grade gold intersects were found in an altered, pyritic dolerite with quartz veins.
- Behring Bore represents a large-scale gold target with potential for expansion.
- Drilling results strengthen confidence in the geological model and open new exploration corridors.
- Upcoming drill programs will target both Behring Bore and Coodardy, located 400 meters apart.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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