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Duketon Mining Ltd.

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Summary

Project:

Kulguddi

Deposit:Davies Bore
Location:Australia
Commodities:Gold
Date:9/29/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:29-9-2016: Duketon Mining Ltd. announces an Exploration/Drilling Update report for its Davies Bore deposit at the Kulguddi project. Drilling results incl. 35m @ 2.3g/t Au from 79m. Duketon Mining Limited (ASX: DKM) is pleased to announce that the first ro
Resources:x
CP/QP:[Overall Report]: Kirsty Culver (Internal)
ABSTRACT:Duketon Mining Limited (ASX: DKM) is pleased to announce that the first round of RC drilling at the 100% owned Davies Bore Prospect (within the Kulguddi Project) has intersected significant gold mineralisation. RC drilling targeted the previously identified 1.2km long gold anomaly, located approximately 5km west of Regis Resources Ltd (ASX: RRL) owned Rosemont Mine (see ASX announcement 25 August 2016). Assays are still to be returned for a number of RC drill holes that are already completed as part of this initial RC drill campaign. The existing lines of drilling are approximately 200m apart. Diamond drilling is planned to commence in the coming days and additional aircore and/or RC drilling will focus on the areas immediately north and south. Duketon’s Managing Director, Stuart Fogarty, said: “Davies Bore continues to deliver good results at each stage of exploration. These are the first assays from RC holes drilled into the +1.2km long gold anomaly at our 100% owned Davies Bore and the initial results are impressive. This gives us the confidence to add to the two drill rigs on site and commence diamond drilling of several holes to gain an early understanding of some critical geological information to further understand the extent of the gold mineralisation.”

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