Discovery Mining (TSX:DSV) is expecting to release an updated Dome mineral resource estimate in early 2027 after drilling extended mineralisation 600m south of the pit.
The company reports assays from 36 holes totalling 16,365.4m at the Dome Project in Ontario, Canada, with widths and grades matching previous drilling.
Of the 36 holes, 22 (7,188m) tested the south side of the pit along the Dome Fault trend.
Results include 17.3m @ 3.41 grams per tonne gold (Au) in DOM26-046 and 9m @ 11.63g/t Au, including 1m @ 93.4g/t Au, in DOM26-063. DOM26-048 returned 1m @ 2,310g/t Au.
On the north side, 14 holes (9,177.4m) intersected shallow mineralisation in new structures. DOM26-052 returned 5.9m @ 72.54g/t Au, including 0.3m @ 1,400g/t Au, while DOM26-019 returned 6.1m @ 19.56g/t Au.
The southern zones remain open to the west for at least 1.5km along the fault towards the Paymaster property, which the company recently acquired from McEwen Mining (NYSE:MUX).
Dome produced 16.7 million ounces (Moz) of gold between 1910 and 2017. Its current inferred mineral resource stands at 222.3 million tonnes at 1.49g/t for 11Moz.
CEO Tony Makuch says the results support expanding the open pit and growing the resource base.
“As with recent exploration success at our Pamour mine, the drill results at Dome clearly demonstrate the potential for a much larger open-pit operation than was previously envisioned,” Makuch notes.
The company is now re-evaluating plans for the Dome Mill and considering a large central processing facility at the Kidd Metallurgical site. Two drills continue to operate at the project.
Discovery Mining, formerly Discovery Silver, is an Americas-focused precious metals company with gold producing assets in the Timmins camp and the Cordero Silver Project in Mexico.
Write to JC Villarba at Mining.com.au
Images: Discovery Mining
