Priority Drilling Targets - Walwa Tin Project
Released
Released
Announcement PDF
Dart Mining NL
ABN: 84 119 904 880
Level 6, 412 Collins Street
Melbourne VIC 3000
Contact: James Chirnside
Email: jchirnside@dartmining.com.au
Mobile: +61 447 447 613
Webpage: www.dartmining.com.au
LinkedIn: Dart Mining NL
Twitter: @DartMining
1 | P a g e
ASX Release
25th
August 2026
PRIORITY DRILLING TARGETS - WALWA TIN PROJECT
Dart Mining NL (ASX:DTM) (Dart Mining or the Company) is pleased to announce that Dart Mining’s
Geologists have reviewed tin, tantalum and tungsten prospectivity and drilling targets for the Mt Alwa tin
mine (also known as Walwa), Mt Alwa South and the Bounce tin mine within a 3km by 1km mineralised zone
EL007426 at Walwa1
, Northeast Victoria, collectively Walwa or the Project (Figures 1 and 2).
HIGHLIGHTS
The Project area has substantial recorded tin production (162t), a review of the data revealed:
• 150 historic drill holes (7,672 m) across the Walwa Tin-Tantalum Project have now been fully
compiled into a digital database and verified against the original reports. This is made up of 78 RC
(2,847 m), 59 percussion (4,235 m) and 13 diamond holes (590 m);13,14,15
• Dart Mining’s interpretation (Figure 3) is that the apical zone of the stacked, dome forming, sub-
horizontal aplite-pegmatite-greisen dykes at Walwa is an obvious target for deeper drilling.
• Data review and tin mineralisation models generate two high-priority drill targets:
1. Larger tonnage high-grade greisen hosted tin mineralisation at the top of an underlying late-stage
felsic causative intrusion, presumed to be 400m to 600m below surface (Figure 3).
2. Repeating mineralised aplite-pegmatite sub-horizontal dykes at depth below the multiple drilled
dykes (known to be up to 5-18m in thickness). Seismic survey17, 18
has indicated another four 4+m
thick dykes at depth below known tin mineralised dykes.
• Historic pre-JORC estimates1
at the Walwa (Mt Alwa) tin mine include 8.64Mt @ 0.163% Sn (~0.21%
SnO2) & 50ppm Ta2O5 (Union Corp. March 1982)13
, and a higher-grade selective zone of 993,000t @
0.38% Sn (~0.48% SnO2) & 55ppm Ta2O5 (Union Corp. September 1983)14
;
• Historic drilling highlights1
are listed in Table 1 (full drill results in Appendix Two), and include:
▪ 5.1m @ 0.34% SnO2 from 7.5m and 6.1m @ 0.58% SnO2 from 35.1m in DDH2 (Mt Alwa)
▪ 9m @ 0.32% SnO2 from 54m and 11m @ 0.24% SnO2 from 70m in WRC0011 (Mt Alwa)
▪ 8m @ 0.29% SnO2 from 43m and 6m @ 0.18% SnO2 from 79.5m in UP0004 (Mt Alwa)
▪ 9m @ 0.38% SnO2 from 89m in UP0016 (Mt Alwa)
▪ 18m @ 0.18% SnO2 from 42m in WRC0013 (Mt Alwa)
▪ 5.3m @ 0.51% SnO2 from 0.3m in DDH5, 6.2m @ 0.17% SnO2 from 11.4m in DDH6, and 2m @
0.71% SnO2 from 18m in WRC0075 (The Bounce mine area)
▪ 6m @ 0.17% SnO2 & 758 ppm Ta2O5 from 1m in WRC0039, and 11m @ 0.13% SnO2 & 356 ppm
Ta2O5 from 0m in WRC0043 (Mt Alwa South area)
• Diamond drilling of the two high-priority targets is expected to commence in October 2026.
2 | P a g e
1 Please note, the reported information has been extracted from external reports. Full details of the date and location of
the report are as separately referenced below. The reported information has been reviewed in the context of completing
the JORC Table 1, Section 1 and 2 below. It is uncertain that following evaluation and/or further exploration work that
the reported information will be able to be replicated. Nothing has come to the attention of the Company that causes it
to question the accuracy or reliability of the historically reported Exploration Results; but readers are advised to review
the JORC Table 1 for full disclosure of the rediscovery of these exploration results and the lengths to verify the information
that Dart Mining has undertaken. The historical estimates referred to in this document are historical estimates and are
not reported as Mineral Resources or Ore Reserves in accordance with the JORC Code (2012). The Competent Person has
not done sufficient work to classify the historical estimates as Mineral Resources or Ore Reserves, and it is uncertain that
following evaluation and/or further exploration work the historical estimates will be able to be reported as Mineral
Resources or Ore Reserves in accordance with the JORC Code (2012). Dart Mining is not treating the historical estimates
as current Mineral Resources or Ore Reserves. The information provided under ASX Listing Rules 5.12.2 to 5.12.9 is an
accurate representation of the available data and studies for the material historical estimates.
Dart Mining’s Chairman, James Chirnside, commented: “Review of historic exploration and mining data from
the Walwa tin mine area has greatly enhanced our understanding of the tin mineralisation and has generated
two high-priority drilling targets in addition to the large known tin mineralised system. Proposed diamond
drilling is planned to commence in October 2026 to test these large and exciting targets.”
Dart Mining holds 100% owned granted tenements at Walwa (EL007426 – 499sq.km), Cudgewa (EL006866 –
508sq.km) and Berringama (EL007170 – 27sq.km) which are shown in Figure 1.
Figure 1 – Tenement location showing historic tin and tungsten mines and prospects
3 | P a g e
WALWA TIN GEOLOGY AND MINERALISATION MODEL
The Walwa tin-bearing pegmatites are genetically sourced from the larger parent Koetong Granite body,
representing a highly fractionated offshoot of the same Silurian magmatic event. Both belong to the broader
Silurian S-type Koetong Supersuite of granites characteristic of the Wagga Tin Belt (Figure 2) in the Lachlan
Fold Belt.12
The pegmatite, aplite and greisen dykes of the Walwa tinfield emanate outward into the
surrounding metamorphic complex, probably as a late stage fractionated offshoot from the main Koetong
Granite intrusive source (containing tin as it behaves as an incompatible element when common minerals
such as quartz and feldspar are crystallized). Following fractionation late-stage magmatic-hydrothermal
processes squeezed out the tin bearing fractionate into peripheral fractures to form the pegmatite-aplite-
greisen system at Walwa.12&13
In other tin systems similar to Walwa the metal rich fluid and vapour rise up and collect at the roof or apex
of the granite. The acidic fluids react with the granite causing alteration which converts feldspars into quartz-
mica assemblages known as greisens. The destruction of feldspars consumes acid destabilizing the dissolved
tin complexes causing oxidation and precipitation of cassiterite (SnO2), the primary ore mineral of tin.
Greisen zones host many large world class tin deposits around the globe and are an exciting target for
exploration beneath the Walwa tin mine. For example, the Altenberg region of Germany and the Czech
Republic with 300,000t of recorded tin production. Higher grade mineralisation towards depth5
potentially
highlights vertical zonation often reported in stacked pegmatite hosted Sn deposits such as Altenberg and
the possibility of higher grade resources at depth.
Figure 2 – Overview of the Wagga Tin Belt (from DTM:ASX 11 August 2026)
4 | P a g e
The Walwa tin-bearing pegmatites/aplites typically occur as 1–10 m-thick shallow-dipping, stacked dykes.
Figure 3 shows the repeated tin mineralised dykes with two thick dykes (4-12m thick) and several thinner
dykes known from the open pit and shallow historical drilling. Reflection seismic studies17,18
have shown at
least four thick dykes occur beneath the known drilled ones with the seismic study demonstrated to only
locate dykes over 4m in thickness. Dykes range from aplitic to pegmatitic in texture, and mineralised outcrops
commonly display quartz–mica–sericite alteration assemblages with Sn–Ta mineralisation locally abundant.
The upper dyke at the Walwa (Mt Alwa) tin mine was last worked in the late 1960s with the material drilled
and blasted at surface and then pushed up with a bulldozer. This material was then processed without any
further selection and resulted in recovered grade between 0.1 and 0.2% Sn for the 97,000t processed.3,9
Figure 3 – Interpreted geology and high-priority tin mineralised targets at the Walwa Tin Mine
5 | P a g e
Table 1 – Peak drill intercepts for historical drilling across the Walwa tin mine area on EL0074261
– Walwa
main pit area (Mt Alwa mine) unless stated. Predominantly undertaken by the Mines Department of Victoria
(1970)2
, Union Corporation (1980–1982)13,14
and Tantalum Australia (2001)15
. Data sourced from the
Geological Survey of Victoria (GSV) database www.gsv.vic.gov.au
Hole ID
East (GDA94
MGA55)
North (GDA94
MGA55)
Thickness
(m)
From - To (m) % SnO2 ppm Ta2O5 Notes
WRC0002 563671 6020274 3m 0 - 3 0.21% 133 Mt Alwa South
WRC0003 563675 6020274 4m 0 - 4 0.12% 185 Mt Alwa South
WRC0005 563620 6020218 4m 84 - 88 0.10% 101 Mt Alwa South
WRC0009 563468 6020267 6m 7 - 13 0.10% 73 Mt Alwa South
WRC0010 563453 6020271 2m 12 - 14 0.13% 125 Mt Alwa South
WRC0011 564135 6020944 9m 54 - 63 0.32% 60
WRC0011 564135 6020944 11m 70 - 81 0.24% 85
WRC0012 564061 6020858 8m 29 - 37 0.25% 75
WRC0012 564061 6020858 5m 53 - 58 0.22% 70
WRC0013 563999 6020784 18m 42 - 60 0.18% 48
WRC0013 563999 6020784 2m 69 - 71 0.35% 40
WRC0014 563900 6020764 2m 6 - 8 0.12% 75
WRC0014 563900 6020764 3m 43 - 46 0.13% 73
WRC0015 563943 6020863 6m 63 - 69 0.22% 79
WRC0016 563965 6020942 12m 61 - 73 0.16% 88
WRC0017 563917 6020941 7m 24 - 31 0.13% 61
WRC0018 563915 6020868 9m 12 - 21 0.22% 92 Incl 1m @ 0.44%
WRC0019 563953 6021028 8m 63 - 71 0.20% 71
WRC0020 563913 6021040 6m 7 - 13 0.10% 135
WRC0020 563913 6021040 11m 70 - 81 0.20% 75
WRC0021 563862 6021023 6m 30 - 36 0.15% 73
WRC0027 563954 6021029 2m 0 - 2 0.14% 60
WRC0027 563954 6021029 10m 77 - 87 0.21% 68
WRC0028 563897 6021141 3m 20 - 23 0.11% 147
WRC0029 563905 6021214 10m 37 - 47 0.18% 91
WRC0030 563964 6021222 8m 33 - 41 0.18% 99
WRC0032 563678 6020280 5m 0 - 5 0.15% 295 Mt Alwa South
WRC0033 563683 6020274 9m 0 - 9 0.13% 223 Mt Alwa South
WRC0034 563547 6020239 4m 0 - 4 0.16% 145 Mt Alwa South
WRC0035 563545 6020238 3m 1 - 4 0.16% 143 Mt Alwa South
WRC0038 563505 6020226 5m 0 - 5 0.21% 153 Mt Alwa South
WRC0039 563508 6020222 10m 1 - 11 0.11% 475 Mt Alwa South
WRC0040 563496 6020231 6m 2 - 7 0.11% 409 Mt Alwa South
WRC0041 563478 6020247 2m 0 - 2 0.12% 150 Mt Alwa South
WRC0041 563478 6020247 2m 3 - 5 0.12% 355 Mt Alwa South
WRC0042 563672 6020305 4m 0 - 4 0.24% 219 Mt Alwa South
WRC0043 563673 6020303 11m 0 - 11 0.13% 356 Mt Alwa South
WRC0045 563672 6020348 5m 0 - 5 0.19% 135 Mt Alwa South
WRC0048 563651 6020338 3m 0 - 3 0.16% 105 Mt Alwa South
WRC0056 563860 6020754 5m 22 - 27 0.16% 84
WRC0057 563915 6020818 3m 0 - 3 0.20% 100
WRC0058 563875 6020819 8m 0 - 8 0.15% 98
WRC0059 563913 6020867 9m 28 - 37 0.30% 99
6 | P a g e
WRC0060 563914 6020939 2m 10 - 12 0.25% 93
WRC0060 563914 6020939 6m 28 - 34 0.24% 103
WRC0061 563911 6020939 9m 42 - 51 0.23% 88
WRC0067 563631 6021315 6m 5 - 6 0.11% 156 The Bounce
WRC0068 563632 6021314 6m 7 - 13 0.10% 138 The Bounce
WRC0070 563668 6021290 2m 18 - 20 0.62% 80 The Bounce
WRC0071 563636 6021237 5m 11 - 16 0.12% 178 The Bounce
WRC0073 563596 6021204 6m 17 - 23 0.13% 242 The Bounce
WRC0075 563656 6021264 4m 5 - 9 0.14% 190 The Bounce
WRC0075 563656 6021264 2m 18 - 20 0.71% 250 The Bounce
WRC0076 563563 6021293 6m 1 - 7 0.18% 250 The Bounce
WRC0077 563510 6021335 3m 4 - 7 0.14% 263 The Bounce
UP0002 564137 6021019 6m 51.5 - 57.5 0.13% 24
UP0003 564158 6021107 10.5m 30 - 40.5 0.19% 33
UP0003 564158 6021107 6m 67.5 - 73.5 0.21% 46
UP0004 564205 6021194 8m 43 - 51 0.29% 38
UP0004 564205 6021194 6m 79.5 - 85.5 0.18% 35
UP0005 563895 6021195 11m 38 - 49 0.16% 69
UP0007 563862 6021118 7m 28 - 35 0.15% 63
UP0008 563848 6021026 6m 40 - 46 0.13% 65
UP0009 563844 6020938 5m 79 - 84 0.19% 54
UP0014A 564288 6021077 11m 27 - 38 0.27% 57
UP0014A 564288 6021077 17m 92 - 109 0.16% 38
UP0016 564322 6021170 2.5m 32 - 34.5 0.11% 68
UP0016 564322 6021170 9m 89 - 98 0.38% 65
UP0017 564234 6021355 3m 106 - 109 0.52% 77
UP0018 564276 6020984 6.5m 86.5 - 93 0.13% 39
UP0019 564345 6021263 7m 52 - 59 0.10% 143
UP0021 563950 6022683 6m 47 - 53 0.10% 234
UP0022 563844 6021836 2m 109 - 111 0.10% 79
SI0001 564052 6022397 4m 8 - 12 0.16% 238 Redbank
SI0001 564052 6022397 5m 20 - 25 0.28% 227 Redbank
SI0002 564031 6022431 7m 15 - 22 0.12% 215 Redbank
SI0003 564075 6022351 3m 8 - 11 0.26% 212 Redbank
SI0008 563981 6022128 6.5m 48 - 54.5 0.10% 144 Redbank
SI0009 564013 6022219 7m 74 - 81 0.10% 162 Redbank
SI0010 564064 6022107 15m 15 - 30 0.10% 125 Redbank
UD0003 564162 6021109 8.15m 35.25 - 43.4 0.18% 65
UD0003 564162 6021109 4.5m 71.2 - 75.7 0.36% 88
Incl 0.33m @
1.46% SnO2
UD0005 563895 6021195 4.15m 36.35 - 40.5 0.22% 84
UD0005 563895 6021195 6.89m 41.58 - 48.47 0.13% 122
DDH1 564038 6021018 2.7m 2.8 - 5.5 0.15% 44
DDH1 564038 6021018 4.6m 8.5 - 13.1 0.25% 44
DDH2 564012 6021193 5.1m 7.5 - 12.6 0.34% 59
DDH2 564012 6021193 6.1m 35.1 - 41.2 0.58% 57
DDH3 563925 6021140 7.2m 4.5 - 11.7 0.18% 37
DDH5 563652 6021380 5.3m 0.3 - 5.6 0.51% -
Incl 0.76m @
3.42% (GSV log
detail)
DDH6 563657 6021318 6.2m 11.4 - 17.6 0.17% 103
7 | P a g e
DDH7 564015 6021127 6.5m 0.2 - 6.7 0.18% 45
DDH7 564015 6021127 3.2m 23.2 - 26.4 0.27% 28
DDH8 564092 6021118 7.9m 22.3 - 30.2 0.15% 22
DDH10 563990 6021229 1.6m 3.7 - 5.3 1.28% 52
DDH10 564105 6021229 3.8m 35.1 - 38.9 0.23% 65
DDH10 564105 6021229 8.8m 49.4 - 58.2 0.28% 34
DDH11 564034 6021281 3.1m 18.8 - 21.9 0.11% 77
DDH11 564034 6021281 2.6m 30.5 - 33.1 0.13% 54
HISTORIC DRILL DATABASE COMPILATION AND VERIFICATION
Dart Mining has completed a hole-by-hole compilation and verification of all historical drilling at Walwa,
working from the original Geological Survey of Victoria open-file reports. Figure 4 shows the location of the
historical drilling and tin prospects at Walwa. Every collar, survey, lithology and assay record was reconciled
across the original reports into a digital database. The database now comprises 150 located collars, 3,000
logged lithology intervals and 774 assayed intervals. The coordinate datum of the historical grid was
confirmed as AGD66 / AMG Zone 55; all coordinates in this announcement are reported converted to GDA94
/ MGA Zone 55.
Material limitations of the historical data remain and are set out in the JORC Table 1: no downhole surveys
were taken in any program (all hole paths assumed straight), no QAQC records exist, sample recovery was
not recorded, assay records for the 24 shallow P-series percussion holes have not been located, and the P-
series collar positions are a nominal designed grid. These drill holes still inform the targeting conclusions in
this announcement.
Dart Mining's compilation has recovered quality-control information not previously reported. In
1983 Union Corporation split ten homogenised pulps of diamond core from UD0003 and UD0005
between four laboratories.¹⁴ ALS Laboratories, which had carried out all routine project assaying,
returned the lowest tin value in all 10 samples submitted, averaging 22% below the other three
laboratories for tin and 19% for tantalum.
Union identified that a discrepancy between percussion and diamond drilling was present which
they concluded probably under-estimated the overall grade in the percussion drilling.¹³ This is based
on two Union diamond holes that were collared alongside percussion holes (twinned holes). The
historical logs are consistent with recovery problems in mineralised ground, recording "fine grained
aplite sill with visible cassiterite, poor recovery" in UP0018 and a hole abandoned in broken ground
with "very poor recovery" in UP0002 and could be explained by percussion drilling not being able to
lift the denser cassiterite as representatively as diamond drilling.
8 | P a g e
Figure 4 – Plan location of recovered and digitised drill hole database for Walwa
HISTORICAL MINERAL RESOURCE ESTIMATES - WALWA TIN MINE
Multiple pre-JORC historical estimates have been reported for the Walwa (Mt Alwa) tin mine, all by Union
Corporation (Australia) Pty Ltd during the 1980-83 exploration of EL1248. None was prepared under any
edition of the JORC Code, no resource classification was applied, and none can be relied upon as a current
Mineral Resource1
.
September 1981 (G30764)18
: approximately 4.87 million tonnes @ 0.16% Sn and 47ppm Ta2O5 at the Mt Alwa
Prospect.
9 | P a g e
Delineated aplite-pegmatite, March 1982 (G30765)13
: following completion of 29 percussion holes (2,221m)
and two diamond holes, approximately 8.64 million tonnes of aplite-pegmatite defined at the Mt Alwa
Prospect at overall grades of 0.163% Sn (approximately 0.21% SnO2) and 50ppm Ta2O5. Union noted that its
diamond core results indicated the percussion assays had probably under-estimated the overall grade.
Open cut potential September 1983 (G30768)14
: approximately 6.84 million tonnes @ 0.16% Sn and 47ppm
Ta2O5 at the Mt Alwa Prospect, based on intersections in nine diamond and five percussion holes.
Higher Grade Geological Resource, September 1983 (G30768)14
: 993,000 tonnes @ 0.38% Sn (approximately
0.48% SnO2) and 55ppm Ta2O5. The report cites an estimated 6:1 strip ratio. This estimate was compiled from
the enriched portions only of the sills intersected in six drill holes, within a scoping-level discounted cash flow
study of a 100,000 tonne-per-annum selective mining operation (DCF rates of return of 2.9-10.5% at Ta2O5
prices of US$30-60/lb).
The estimates are historical estimates reported under ASX Listing Rule 5.12. They are based on percussion-
dominated drilling with no QAQC records, no downhole surveys and no recorded bulk density
determinations, and the estimation methodologies are only partially documented in the source reports. Dart
Mining has compiled and verified the underlying drill data (see Historic Drill Database Compilation and
Verification above) but has not undertaken the confirmatory drilling, density work or interpretation and
review of potential for a Mineral Resource at this stage. A later conceptual "potential resource" figure
appearing in a 2009 annual report is not considered by Dart Mining to have been prepared with sufficient
rigour to warrant reporting, and is addressed in JORC Table 1 Section 3 only, despite it being a larger
estimate.16
The supporting information required by Listing Rules 5.12.2 to 5.12.9 is set out in Section 3 of the JORC Table
1 appended to this announcement.
GEOLOGY OF THE WALWA TIN ZONE
A number of shallow dipping tin-bearing greisenous aplite/pegmatite dykes are found in the Walwa-Mt Alwa
historic mine area and have been worked at various periods for a century with mining first commencing
around 1882 with large open pit workings developed in the 1970s. The sub-horizontal dykes cut across the
vertical metasedimentary country rocks.
The country rocks are knotted schists, phyllites and quartzites found throughout the region. The prominent
foliation/ bedding strikes at 160° magnetic with vertical or subvertical dips. Joints are irregularly developed
with variable direction and dip.
At the Walwa mine four major dykes can be recognised at surface and in addition two other dykes were
detected during previous drilling. These dykes are from 1 to 8 metres thick, with variable strike. They
generally dip at 20-30° to the north or north-east in the vicinity of the Walwa mine but form a dome with dip
becoming north westerly as one traverses west from the historic mine.
The dykes themselves are predominantly aplite with pegmatite and greisen phases, often containing coarse
cassiterite along their margins and large potassium feldspar crystals. Tantalum and Niobium have been
recorded in previous assays from the project area2
.
Walwa is an early drill target for multiple sub-horizontal tin lodes to 8m thickness and a possible tin rich
greisen zone at the top of a causative intrusion.
10 | P a g e
THE BOUNCE
The Bounce lode is a sub-horizontal pegmatite dyke with a vertical dyke interpreted as a feeder structure
from a causative intrusion. Workings were limited to a few shallow pits of small extent with the largest being
approximately 25m by 12m and around 3m deep.
MT ALWA SOUTH
The Mt Alwa South prospect is located around 500m SSW of the Walwa tin mine and appears to have been
discovered and drilled after 1960 with no recorded historic production. Minor historic alluvial tin workings
were observed in the narrow gullies leading from the area.
Mt Alwa South has four existing bulldozed benches which served as drilling locations for previous RC
percussion drilling. These benches are cut into the hillside with switchback connections at the bench end,
each bench is 10m to 15m higher in elevation than the last. Sub-horizontal aplite-pegmatite dykes 3m to 8m
thick are present (Figure 4).
Alderan5
concluded that, “Review of the Walwa Sn-Ta prospect indicated that historical exploration and
drilling may have penetrated the top margins of a larger mineralized body with 3D modelling showing grades
increasing to depth and magnetic data indicating that the drilled mineralisation lies on the margins of a larger
intrusion. The Walwa Sn-Ta prospect shows significant potential for higher grade extensions of mineralisation
with depth, where Sn grades appear to increase, and towards the west where historic stream sediment
sampling shows anomalous Sn over a magnetic anomaly.”
Figure 4 – Mt Alwa South showing outcrop of pegmatite dyke and bulldozed bench previously used for drill
access.
11 | P a g e
NEXT STEPS
• Consider theoretical tin mineralisation models and historical exploration results at Walwa tin mine
to determine optimum drilling locations and depths; and
• Drill deep holes testing stacked aplite/pegmatite targets, feeder structures and greisen zones at the
top of an underlying causative intrusion. Diamond drilling is anticipated to commence in October
2026.
Approved for release by the Board of Directors.
For more information contact:
James Chirnside
Managing Director
Dart Mining NL
jchirnside@dartmining.com.au
+61 419 605 842
InvestorHub Link
Terry Bates
Director
Dart Mining NL
tbates@dartmining.com.au
12 | P a g e
REFERENCES
2. Bowen (1970). Mt Alwa and The Bounce Tin Mines. Mining and Geological Journal, Victoria. Vol 6,
No 6.
3. Cochrane and Bowen(1971). Tin Deposits of Victoria. Geological Survey of Victoria, Bulletin No 60.
4. Greive (1938). Tungsten Ores in North-Eastern Victoria. Mining and Geological Journal, Victoria.
January 1938.
5. Hochwimmer, B. Geerdts, P and Wanless, C. (2014) EL 5462 Annual Report 11 Feb 2014 to 30 June
2014. Located at www.gsv.vic.gov.au as EL5462_G46899_201406_Annual.pdf
6. Caluzzi, J. (1995). Mineral exploration history of the Tallangatta 1:250 000 sheet VIMP report
11, Geological Survey of Victoria, Department of Agriculture, Energy &
Minerals located at www.gsv.vic.gov.au
7. Commonwealth and Victorian Regional Forest Agreement (RFA) Steering Committee (1998). North
East Victoria Comprehensive Regional Assessment including Mineral Assessment. Located
at www.agriculture.gov.au/sites/default/files/sitecollectiondocuments/rfa/regions/vic-north-
east/resources/neminrls.pdf
8. Brachmanski, E. (1979). Report EL623 Walwa, Victoria, for the six months ending June 1979. RB
Mining. Located at www.gsv.vic.gov.au as EL623_G30762_197906_half.pdf
9. Rampe, M (1992). Relinquishment and Final Report EL 2545. Located at www.gsv.vic.gov.au as
EL2545_G9365_199209_final.pdf
10. Nethery, et al (2008). QLD Gold and Minerals Annual report on EL 4927 to Dec. 2007. Located
at www.gsv.vic.gov.au as EL4927_G34736_200712_Annual.pdf
11. B. R. Hines, D. Turnbull, L. Ashworth & S. McKnight (2023) Geochemical characteristics and
structural setting of lithium–caesium–tantalum pegmatites of the Dorchap Dyke Swarm, northeast
Victoria, Australia, Australian Journal of Earth Sciences, 70:6, 763-800,
https://doi.org/10.1080/08120099.2023.2209649
12. Gardiner, et al, (2024) On tin and lithium granite systems: A crustal evolution perspective. Earth
Science Reviews 258. Located at https://doi.org/10.1016/j.earscirev.2024.104947
13. Union Corporation (Australia) Pty Ltd (1982). Six monthly report for the period September 1981 to
March 1982 – EL 1248 & EL 738. Located at www.gsv.vic.gov.au as EL1248-
EL738_G30765_198203_Half.pdf
14. Union Corporation (Australia) Pty Ltd (1983). Sixth six monthly report - E.L. 1248, September 1983.
Located at www.gsv.vic.gov.au as EL1248-EL738_G30768_198309_Half.pdf
15. Tantalum Australia NL (2001). Annual Report EL 4431 and EL 4508, October 2001, including RC drill
logs, sections and plan. Located at www.gsv.vic.gov.au as EL4431-
EL4508_G29427_200110_Annual.pdf
16. EL 4431 Annual Report, June 2009. Located at www.gsv.vic.gov.au as
EL4431_G36494_200906_Annual.pdf
17. EL 1248 and 738 Half Yearly report for the period September 1982 to March 1983, March 1983.
Located at www.gsv.vic.gov.au as EL1248-EL738_G30767_198303_Half
18. EL 1248 and 738 Half Yearly report for the period March 1981 to September 1981, September
1981. Located at www.gsv.vic.gov.au as EL1248-EL738_G30764_198109_Half
13 | P a g e
About Dart Mining
The Triumph Gold Project is Dart Mining’s first step into an advanced intrusion related gold system project in
Queensland. Dart Mining will look to develop a regional presence in Queensland through advanced stage
intrusion related and epithermal gold projects. Dart Mining is farming into the Coonambula Antimony-Gold
Project in Central Queensland. Dart Mining will continue to evaluate several historic Tin, Tungsten, and Gold
prospects in Central and Northeast Victoria including the Rushworth Gold, and Walwa Tin / Tungsten
prospects.
Competent Person’s Statement
The information in this report has been prepared, compiled, and verified by Mr Andrew Dawes, who is a
Member of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of
Geoscientists. Mr Andrew Dawes is employed by AHD Resources and consults to Dart Mining NL. Mr Dawes
has sufficient experience that is relevant to the style of mineralisation and type of deposits under
consideration and to the activity being undertaken to qualify as a competent person as defined in the 2012
Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”.
Mr. Dawes takes responsibility for the exploration results, and consents to the inclusion in the report of the
matters based on his information in the form and context in which it appears.
The historical estimates referred to in this document are historical estimates and are not reported as Mineral
Resources or Ore Reserves in accordance with the JORC Code (2012). Mr Dawes has not done sufficient work
to classify the historical estimates as Mineral Resources or Ore Reserves, and it is uncertain that following
evaluation and/or further exploration work the historical estimates will be able to be reported as Mineral
Resources or Ore Reserves in accordance with the JORC Code (2012). Dart Mining is not treating the historical
estimates as current Mineral Resources or Ore Reserves. The information provided under ASX Listing Rules
5.12.2 to 5.12.9 is an accurate representation of the available data and studies for the material historical
estimates.
Forward-Looking Statement
Certain statements contained in this document constitute forward-looking statements. Forward-looking
statements include, but are not limited to, Dart Mining’s current expectations, estimates and projections
about the industry in which Dart Mining operates, and beliefs and assumptions regarding Dart Mining’s future
performance. Such forward-looking statements are based on a number of estimates and assumptions made
by the Company and its consultants in light of experience, current conditions and expectations of future
developments which the Company believes are appropriate in the current circumstances. When used in this
document, words such as; “anticipate”, “could”, “intends”, “estimate”, “potential”, “plan”, “seeks”, “may”,
“should”, and similar expressions are forward-looking statements. Although Dart Mining believes that its
expectations presented in these forward-looking statements are reasonable, such statements are subject to
known and unknown risks, uncertainties and other factors, which may cause the actual results, achievements
and performance of the Company to be materially different from the future results and achievements
expressed or implied by such forward-looking statements. Investors are cautioned that forward-looking
information is no guarantee of future performance and accordingly, investors are cautioned not to place
undue reliance on these forward-looking statements.
No new information has been included in this release, all exploration results have been previously reported
and are available on the GSV website. Dart Mining is not aware of any new information or data that materially
affects the information included in the original announcements.
14 | P a g e
APPENDIX 1: JORC CODE, 2012 EDITION – TABLE 1 REPORT
Section 1 Sampling Techniques and Data
Criteria JORC Code explanation Commentary
Sampling
techniques
• Nature and quality of sampling (eg cut
channels, random chips, or specific specialised
industry standard measurement tools
appropriate to the minerals under investigation,
such as down hole gamma sondes, or
handheld XRF instruments, etc). These
examples should not be taken as limiting the
broad meaning of sampling.
• Include reference to measures taken to ensure
sample representivity and the appropriate
calibration of any measurement tools or
systems used.
• Aspects of the determination of mineralisation
that are Material to the Public Report.
• In cases where ‘industry standard’ work has
been done this would be relatively simple (eg
‘reverse circulation drilling was used to obtain 1
m samples from which 3 kg was pulverised to
produce a 30 g charge for fire assay’). In other
cases more explanation may be required, such
as where there is coarse gold that has inherent
sampling problems. Unusual commodities or
mineralisation types (eg submarine
Share your feedback
Discover