What did Dart Mining (ASX:DTM) discover at the Coonambula project?

Dart Mining intersected high-grade gold, silver, and antimony during a diamond drilling campaign at its Banshee prospect in Central Queensland. Assay results from holes CBADD014 to CBADD022 confirmed a continuous, metal-rich mineralised lode spanning over 500 metres.

What were the standout drilling numbers from the Banshee prospect assay results?

The top intercept came from hole CBADD019, which returned 5.8 metres at 1.73 g/t gold, 11.57 g/t silver, and 4.76% antimony from a depth of 53.7 metres. This included a dense, ultra-high-grade core of 0.85 metres grading 2.66% antimony, 71.12 g/t silver, and 2.18 g/t gold.

Why is the antimony grade in Dart Mining’s (ASX:DTM) drilling significant?

Antimony is a critical tech and defense metal, making the 4.76% broad intercept and the 26.66% high-grade core in hole CBADD019 highly notable. Finding a high-grade antimony-silver core nestled inside a broader gold system significantly enhances the potential economic value of the Banshee deposit.

How does this news change the medium-term investment thesis for Dart Mining (ASX:DTM)?

This discovery shifts Dart Mining from an early-stage explorer to a company validating a highly lucrative, multi-commodity deposit with proven strike continuity. It proves the deposit extends down-dip from historical workings and establishes a clear path toward resource definition.

What are the main bull and bear points for Dart Mining (ASX:DTM) after this update?

The bull case is driven by exceptionally high-grade asset metrics, over 500 metres of proven strike, and strong critical minerals tailwinds from antimony. The bear case centers on the stock's highly speculative, micro-cap nature, with a share price of just $0.019.

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Dart Mining hits high-grade gold at Banshee prospect

Written by Jon CuthbertPublished Jun 4, 2026, 3:28 AM

Dart Mining (ASX:DTM) has uncovered high-grade gold, silver, and antimony intercepts during its latest diamond drilling campaign at the Banshee prospect, part of the Coonambula joint venture project near Eidsvold in Central Queensland.

The newly received assay results from holes CBADD014 through CBADD022 trace the main mineralised lode over a continuous strike length of more than 500m, confirming that the historic system remains wide open for expansion both to the east and the west.

The standout result came from drill hole CBADD019, which intercepted a broad zone of 5.8m grading 1.73 grammes per tonne gold, 11.57 g/t silver, and 4.76% antimony from a depth of 53.7m.

The intercept features an ultra-high-grade core of 0.85m returning a spectacular 26.66% antimony, 71.12 g/t silver, and 2.18 g/t gold.

Additionally, hole CBADD018 returned a strong interval of 6.1m at 1.11 g/t gold and 0.5% antimony, including a gold-rich zone of 0.7m at 4.59 g/t gold.

The results prove that the deposit contains a highly lucrative, metal-rich core within a broader gold system that extends down-dip from the historical Banshee workings.

Dart Mining’s exploration team has completed 4,100m of diamond drilling to date, with another 15 batches of core samples already dispatched to the laboratory.

The company plans to fast-track metallurgical test work and 3D modelling as it drives towards declaring an initial JORC-compliant mineral resource estimate, which will elevate Dart's equity stake in the project to 51%.

At the time of reporting, Dart Mining’s share price was $0.019.