Dart Mining (ASX:DTM) has strengthened its exploration pipeline through the strategic acquisition of the Skarn Ridge project in Southeast Queensland.
The deal, valued at $25,000, secures two key tenement areas—EPM 28873 and EMPA 28868—situated within the highly prospective Mt Perry – Electra Fault Zone.
This region is renowned for late-stage intrusions linked to gold (Au), copper (Cu), silver (Ag), and molybdenum (Mo) mineralisation.
The acquisition highlights Dart’s commitment to "critical and base metals," targeting underexplored assets with significant upside.
Historical data from Skarn Ridge reveals promising indicators, including a 1999 drilling intersection of 4m at 0.5 g/t Au from a depth of only 16m.
Rock chip sampling from historical workings has returned high-grade surface results, with peaks of 5.14% copper and 25 g/t silver.
Visual inspections of hand specimens have further confirmed the presence of chalcopyrite and bornite, signaling a robust mineralised system.
Dart Mining Chairman, James Chirnside, noted that the project is a "low-cost, entry-level" addition that perfectly complements the company’s existing Queensland portfolio, which includes the Triumph and Coonambula projects.
By securing Skarn Ridge, Dart Mining now manages four projects within a 300km radius, firmly establishing itself as a dominant explorer in the region.
At the time of reporting, Dart Mining's share price was $0.037.