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Duketon Mining Ltd.
Summary
| Project: | Kulguddi | |
|---|---|---|
| Deposit: | Davies Bore | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/13/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-12-2016: Duketon Mining Ltd. announces an Exploration/Drilling Update report for its Davies Bore deposit at the Kulguddi project. Drilling results incl. 9m @ 5.7g/t Au from 55m. Duketon Mining Limited (ASX: DKM) is pleased to announce that assay result | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kirsty Culver (Internal) | |
| ABSTRACT: | Duketon Mining Limited (ASX: DKM) is pleased to announce that assay results from the remaining aircore drill campaign completed in November 2016 at the Davies Bore Prospect (100% DKM) have been received (see Table 1). These results further reinforce the geometry of the interpreted mineralised structure/zone (see Figure 1). It is now traceable over 600m of strike and possibly extending over +1000m. Further drilling will commence in the New Year. These assays further reinforce the geological understanding of the mineralisation both in the near surface weathered horizon and at depth within the deeper fresh rock horizon (see Figures 1-3). Duketon’s Managing Director, Stuart Fogarty, said: “Davies Bore has now developed into a major mineralised position. It now has strike extent, depth extent, high grades in the weathering profile and significant thicknesses in the few areas of the fresh rock that we have drilled. Every component that we look at is suggestive of a significantly sized mineralised system. This project continues to deliver each time we drill it. We now need to fully assess all of the results over the Christmas period and then plan out the next drilling campaign for early 2017.” The mineralisation remains open to the north-west and south-east and at depth. Drilling will recommence in the New Year. | |
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