Resources - Irish & Norwegian assets

Thursday, Nov 08 2012 by

Nov 08th 2012 - Edison Investment Research today published a report on resources entitled "Irish & Norwegian Assets". In summary, the report says:

We recently visited Dalradian Resources’ Curraghinalt gold deposit in Northern Ireland. Since 2010, DNA has drilled 20,562m and it has an NI43-101 compliant resource of 2.7moz. An additional 57 holes totalling 15,677m have recently been drilled and are not included in the 2011 resource estimate. Although c 83% of the resources are in the inferred category, the Curraghinalt mesothermal gold deposit remains open at depth and along strike. DNA’s latest step out holes, located 1,700m along strike, have intersected gold mineralisation grading up to 23.62g/t over 1.5m. With a recent PEA for the Curraghinalt deposit and highly prospective precious and base metals concessions in Norway, DNA is poised to benefit from higher commodity prices.




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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »


 
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