COMPANIES

Dacian rewarded for resource increase

Dacian Gold has followed up its resource upgrade from the Jupiter deposit within its Mt Morgans project in Western Australia a little over a week ago with an upgrade at the Westralia deposit, helping the ASX-listed developer to a 6% gain for the week.

The Mount Morgans development is made up of several resource areas in the historic Laverton gold district

The Mount Morgans development is made up of several resource areas in the historic Laverton gold district

The stock is up more than 25% in July. The measured and indicated resource at Westralia is up 176% from 328,000 ounces to 905,000oz, with the average grade increasing 15% to 5.8 g/tAu. The total resource...

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