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Duketon Mining Ltd.
Summary
| Project: | Duketon | |
|---|---|---|
| Deposit: | Golden Star | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-4-2018: Duketon Mining Ltd. announces an Exploration/Drilling Update report for its Golden Star deposit at the Duketon project. Drilling results incl. 25m @ 2.5g/t Au from 55m. Duketon Mining Limited (“DKM” or the “Company”) is pleased to announce that | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Kirsty Culver (Internal) | |
| ABSTRACT: | Duketon Mining Limited (“DKM” or the “Company”) is pleased to announce that all outstanding assay results for the Golden Star prospect have been received (see Figure 1 and 2, and Tables 1 and 2). Drilling was focused north and south of a previously delineated strike of 500m (the “Mineralised Zone”). A total of 14 reverse circulation and 2 diamond drill holes were completed at the prospect for 2,945 metres. These results show the strike of the mineralised zone is extended to 600m and remains open down dip (see Figure 2). High grades, up to 47.9g/t Au, continue to be intersected as does substantial +50 gram metre intersections. Alteration, sulphides and some quartz veining have been identified north and south of this main zone. The mineralisation at Golden Star occurs as several stacked lenses within a sequence of foliated sheet like gabbroic intrusive units and is associated with quartz veining and sulphide alteration between two strike parallel shear zones. The prospect is along the same geological trend from the Rosemont Mine (Regis Resources (ASX:RRL)). Golden Star is located approximately 25km south of Regis Resources Garden Well mine and processing facility (see Figure 1). RC drilling will recommence at Golden Star in the second half of May and will focus on infill drilling around known mineralisation. Aircore drilling of regional targets has commenced. The 4,500m program will follow up regolith geochemical anomalies at the Commonwealth, Bella Well and Stella Well prospects (see Figure 1). RC drilling will also continue across multiple gold prospects in early June. | |
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