Desert Mines and Metals Updates on Daehwa Project

Desert Mines and Metals Ltd. (ASX:DSN) announced an exploration update for its South Korea-based Daehwa project, noting that narrow intervals of high-grade molybdenum mineralization and wider intervals of low- to moderate-grade molybdenum mineralization have been intersected by diamond drilling.

As quoted in the press release:

• Visual logging of core has confirmed tungsten minerlisation (assays awaited)
• Approximately 1,900m diamond drilling program in progress testing below historic workings

Chris Rashleigh, managing director of Desert Mines, commented:

We are pleased with the interim KORES assay results of the 2012 drilling program as it confirms that several high grade molybdenum lodes persist to depths well below the historic mining activity at Daehwa. There is also evidence of lower grade disseminated mineralisation in the hangingwall lodes at very shallow depths. In addition, visual logging under natural and UV light has highlighted several zones of scheelite mineralisation at shallow depths in the hangingwall lodes which do not appear to have been mined historically.

Click here to read the full Desert Mines and Metals Ltd. (ASX:DSN) press release.