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Duketon Mining Ltd.
Summary
| Project: | Duketon | |
|---|---|---|
| Deposit: | Golden Star | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/7/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-11-2018: Duketon Mining Ltd. announces an Exploration/Drilling Update report for its Golden Star deposit at the Duketon project. Drilling results incl. 34m @ 2.3g/t Au from 87m. Duketon Mining Limited (DKM or the Company) is pleased to announce that ass | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stuart Fogarty (Internal) | |
| ABSTRACT: | Duketon Mining Limited (DKM or the Company) is pleased to announce that assays have been received from reverse circulation drilling at the Golden Star prospect located on the 100 percent owned Duketon Project, Western Australia (see Figure 1-3 and Table 1). The most significant of these intersections is within fresh rock, approximately 90 metres below the surface. This is important as it reinforces the continuity of mineralisation at depth. Wide intersections of greater than 20m (downhole) exceeding 1 g/t Au have now been outlined over 500 metres. Additionally, the host rock has now been chemically identified as a fractionated dolerite sill, overturned and younging to the west that is over 100m wide in areas. Within this dolerite sill the most fractionated part, a quartz - magnetite rich unit up to 80m wide, appears to be the preferential host of the gold mineralisation. Duketon’s Managing Director, Stuart Fogarty, said; “We continue to see exceptionally thick intersections at Golden Star. This latest round of results has again delivered with one hole delivering multiple tens of metres of gold mineralisation with impressive grades. This is one of the most impressive intersections to date on the project. Golden Star is starting to reveal itself at depth and continues to show both thicknesses and grades commensurate with a significant resource.” “We remain in a great place as a company with very healthy cash reserves and multiple regional prospects that are all advancing in parallel with Golden Star” | |
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