Deccan Gold Mines (DGML) has commenced diamond core drilling in its Ganajur-Karajgi PL block. The Ganajur gold project is a lead project of Deccan Exploration Services (DESPL), a wholly-owned subsidiary of DGML. The Ganajur-Karajgi PL block comprises the highly rated Ganajur Main gold deposit and several satellite prospects such as Ganajur SE, Karajgi Main, Karajgi East, Ganajur South, Ganajur Central and Karajgi Hut prospects hosting gold mineralization in banded iron formations discovered by DESPL.
Previous drilling campaigns in the project, exceeding 6,000 meters of drilling have already demonstrated that the Ganajur-Karajgi PL block contains 308,000 Oz of gold up to a depth of 120 meters under ‘indicated’ category. Subsequent geophysical studies have suggested the possible extension of the Ganajur Main Ore body along strike and depth.
The present program of nearly 4000-5000 meters of diamond core drilling will cover Ganajur Main, its extensions and the surrounding satellite prospects and will include metallurgical and geo-technical drilling. DGML has engaged South West Pinnacle Exploration to undertake this exploratory drilling programme. The purpose of this drilling programme is to find additional resources in Ganajur Main Project and upgrade the Inferred and Indicated category of resources published earlier.
DGML has already entered into a Memorandum of Understanding with the Government of Karnataka to establish a gold mining industry in this project area. Mining Lease application in respect of the Ganajur Main project is under consideration at the Ministry of Mines, New Delhi.
Previous drilling campaigns in the project, exceeding 6,000 meters of drilling have already demonstrated that the Ganajur-Karajgi PL block contains 308,000 Oz of gold up to a depth of 120 meters under ‘indicated’ category. Subsequent geophysical studies have suggested the possible extension of the Ganajur Main Ore body along strike and depth.
The present program of nearly 4000-5000 meters of diamond core drilling will cover Ganajur Main, its extensions and the surrounding satellite prospects and will include metallurgical and geo-technical drilling. DGML has engaged South West Pinnacle Exploration to undertake this exploratory drilling programme. The purpose of this drilling programme is to find additional resources in Ganajur Main Project and upgrade the Inferred and Indicated category of resources published earlier.
DGML has already entered into a Memorandum of Understanding with the Government of Karnataka to establish a gold mining industry in this project area. Mining Lease application in respect of the Ganajur Main project is under consideration at the Ministry of Mines, New Delhi.
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