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Golden Dragon Mining Ltd (ASX:GDR)
ALERT: Price-sensitive ASX Announcement for GDR
Current share price for GDR : $0.185 0.015 (8.82%)+
Release
21 Jul 2026 9:52AM
Price at Release
$0.170
Full Release
Summary
Golden Dragon Mining Ltd has successfully identified kilometre-scale gold anomalies at the Coodardy site through their auger drilling program. The anomalies are coherent and trend northeast, indicating a significant gold-bearing system at the surface. This discovery highlights the potential for a larger, structurally controlled mineralised system, linking multiple known prospects such as Behring Bore and Piston. The auger program was instrumental in delineating these regional mineralisation trends. The identified gold anomalies are strongly associated with elements typical of orogenic systems, including arsenic and antimony. Golden Dragon plans to continue with follow-up exploration, including targeted drilling, to further explore this gold system.
Key Points
- Kilometre-scale gold anomalies identified at Coodardy.
- Anomalies suggest a significant gold-bearing system.
- Strong association with arsenic and antimony.
- Targeted drilling planned to explore gold system further.
- Linking of known prospects such as Behring Bore and Piston.
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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