Deccan Gold Mines (DGML) - wholly owned subsidiary - Deccan Exploration Services has completed 1,000 metres of diamond core drilling from a planned Ganajur SE Prospect Karajgi PL Block programme of 5,000 metres in its latest exploration campaign. Of the 1,000 metres, Ganajur SE Prospect alone has received 757 metres of drilling. The latest results are considered as excellent in terms of gold mineralization.
Ganajur South East prospect (GSEP) is located around 1.2 km SE of Ganajur Main prospect. Reconnaissance drilling undertaken earlier by the company at Ganajur SE Prospect resulted in delineation of a 455 metre long gold-bearing zone which included a significant zone of 6.23 g/t gold of over 15.0m width in one of the drill holes.
Further, based on the encouraging results, the company plans to fast track the exploration programme by deploying an additional drill rig in the area.
