Robert Barrett

Latest News on DAO Mining’s Gutain Davvaa Mine

DAO Mining Corporation’s latest developments on the Gutain Davvaa gold mine.

 

London, UK -- (SBWIRE) -- 04/29/2010 -- DAO Mining Corporation completed one of its first initial property explorations in Mongolia at Gutain Davaa back in 2007, carrying out geological mapping, soil sampling and grid based ground magnetics. This initial drill test targeted a ridge crest where earlier surface mapping and rock sampling had identified quartz veins with visible gold that returned anomalous gold assays.

During 2008 at Gutain Davaa, DAO Mining Corporation completed a limited summer exploration program which consisted of prospecting, geological mapping, trenching, rock sampling and soil sampling. In addition DAO Mining Corporation expanded its detailed ground magnetics coverage in two stage Induced Polarization geophysical survey was completed.

Recently at the Gutain Davaa mine DAO Mining Corporation has identified several areas of coherent gold anomalism (>50ppb Au & >100ppb Au) in near-surface soil sampling and RAB/aircore drilling that require follow-up work.

At a recent site of interest Toordogiin Shil “TS”, DAO Mining collected 250 soil samples; of which 36 samples returned gold grades over 20ppb with a peak value of 171ppb. Obviously the Dao Mining Corporation was very pleased with the outcome of these results and hopes to expand this search area in the near future.

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