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Mongolian Projects

Project Locations KM Copper Project Khongor Copper Gold Porphyry Project Daltiin Ovor Gold Project

Daltiin Ovor Gold Project

Project Highlights

Voyager to acquire 80% of the High Grade Daltiin Ovor Gold Project in Mongolia
Trenching results include:
- 12 metres at 8.66 g/t gold, 24.42 g/t silver and 0.67% copper, including 7 metres at 14.55 g/t gold, 39.29 g/t silver and 1.05% copper
- 14 metres at 2.88 g/t gold, including 6 metres at 5.04 g/t gold
- 4 metres at 9.04 g/t gold o 10 metres at 7.8 g/t gold
- 15 metres at 5.41 g/t gold, 22.19 g/t silver and 0.5% copper, including 7.8 metres at 9.24 g/t gold, 30.71 g/t silver and 0.82 % copper
- 11.4 metres at 8.79 g/t gold, 14.06 g/t silver and 0.63% copper
- 2.2 metres at 14.59 g/t gold, 30.61 g/t silver and 0.79% copper
- 2.3 metres at 9.58 g/t gold, 21.33 g/t silver and 0.64% copper
Diamond core drilling completed in 2004, returned encouraging results, including:
- 3 metres at 25.22 g/t gold, 43.67 g/t silver and 1.55% copper from 17.6 metres (KBD-01)
- 3 metres at 6.29 g/t gold, 23.67 g/t silver and 1.14% copper from 18.3 metres (KBD-06)

Project Details

The Daltiin Ovor Gold Project is located approximately 600 km south west of the Mongolian capital of Ulaanbaatar. The property is 792 hectares in size and is situated within the Bayankhongor Gold Belt in south central Mongolia. This approximately 200km long belt is located within a north west trending island arc terrane containing metamorphic, volcaniclastic and terrigenous sedimentary rocks which have been intruded by a suite of granitic intrusions. Gold, silver and copper mineralisation at Daltiin Ovor is associated with a garnet + pyroxene rich skarn exposed in the hinge (North Zone) and western limb (Central and South Zones) of a synclinal fold structure. The three skarn zones are located over a strike length of approximately 900m. The syncline formed within a sequence of interbedded schist, limestone, sandstone and shale with a reported thickness of 340 to 450m.

The skarn zones are developed within steeply dipping, generally silicified and often banded marble / limestone unit adjacent to a conformable diabase intrusion with mineralisation likely to have formed through the interaction of fluids derived from later granitic intrusions permeating the folded contact.

Trenching, rock chip sampling, soil geochemistry, ground magnetics and an Induced Polarisation geophysical survey have been completed at Daltiin Ovor. A total of 1,837 soil samples have been collected over thirty separate lines, with the lines spaced approximately 50 metres and extending for an average length of about 120 metres.

Five trenches (KBT01-05) have been completed across exposures of the skarn mineralisation. Three of these trenches were completed in the hinge zone of the syncline (North Zone) approximately 20 metres apart and varying in length from 16 to 31 metres (KBT01-03). Two further trenches were completed approximately 900 metres to the south (KBT04-05) along the western limb of the syncline where similar gold mineralisation has been exposed. Trenching returned encouraging results, including:

KBT-01 12 metres at 8.66 g/t gold, 24.42 g/t silver and 0.67% copper, including 7 metres at 14.55 g/t gold, 39.29 g/t silver and 1.05% copper
KBT-02 13 metres at 1.45 g/t gold,3.62 g/t silver and 0.2% copper, including 4 metres at 3.08 g/t gold, 6.5 g/t silver and 0.31% copper
KBT-03 5 metres at 3.41 g/t gold, 7.4 g/t silver and 0.27% copper
KBT-04 10 metres at 7.8 g/t gold, including 3 metres at 19.4 g/t gold

A total of ten diamond core drill holes were completed on the project for a total of 758.3m. Drilling focussed on the north zone (6 holes, KBD01-03 and KBD07-09), the newly discovered central limb zone (3 holes, KBD04-06) and one drill hole being completed in the southern zone (KBD10). Drilling returned significant results, including:

3 metres at 25.22 g/t gold, 43.67 g/t silver and 1.55% copper from 17.6 metres (KBD-01)
3 metres at 6.29 g/t gold, 23.67 g/t silver and 1.14% copper from 18.3 metres (KBD-06)
1 metre at 4.32 g/t gold from 93 metres (KBD-04)

Trenching conducted in 2009 over the north hinge zone, supported the previous work, with a further trench (K4) being completed 1.5 km northeast of the North Zone (Ridge Zone). Trenching returned significant results including:

15 metres at 5.41 g/t gold, 22.19 g/t silver and 0.5% copper from 3m to the end of trench, including 7.8 metres at 9.24 g/t gold, 30.71 g/t silver and 0.82% copper from 3 metres
11.4 metres at 8.79 g/t gold, 14.06 g/t silver and 0.63% copper from 4.6 metres to the end of trench, including 1.3 metres at 32.0 g/t gold, 60.0 g/t silver and 1.87% copper and 4.3 metres at 11.7 g/t gold, 10.6 g/t silver and 0.91% copper from 11.7 metres to the end of trench
2.2 metres at 14.59 g/t gold, 30.61 g/t silver and 0.79% copper from 2.8 metres and 1.1 metres at 5.41 g/t gold, 23.0 g/t silver and 0.09% copper from 7.7 metres
K4 – 2.3 metres at 9.58 g/t gold, 21.33 g/t silver and 0.64% copper from 4.5 metres (Ridge Zone)

Voyager plans to commence Reverse Circulation Drilling at Daltiin in April 2010 with the aim of identifying a JORC compliant resource by year end.

Figure 1 - Daltiin Ovor - Selective Trenching and Drill Results

(Please click above for a larger image)