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Duketon Mining Ltd.
Summary
| Project: | Duketon | |
|---|---|---|
| Deposit: | Lancefield North | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/14/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-3-2018: Duketon Mining Ltd. announces a Resource Estimation report for its Lancefield North deposit at the Duketon project. Initial mineral resource estimate for Lancefield North deposit. Duketon Mining Limited (ASX: DKM) is pleased to announce that th | |
| Resources: | (Resource, Inf.): 1.9Mt @ 1.55g/t Au for 95.679Koz Au contained at Lancefield North | |
| CP/QP: | [Resources]: Mark Glassock (Independent) | |
| ABSTRACT: | Duketon Mining Limited (ASX: DKM) is pleased to announce that the Maiden JORC 2012 Mineral Resource estimate has been completed for the Lancefield North Deposit at the 100 percent owned Duketon Project, Western Australia. This Inferred Mineral Resource has been estimated at 1,918,295 tonnes at 1.55 g/t Au for a contained 95,679 ounces of gold. The resource estimate is reported at a 0.5 g/t Au cut-off The Mineral Resource is based on drilling from 2016-2017. Mineralisation remains open along strike and down plunge. Duketon have completed several drill campaigns between late 2016 and late 2017. The Lancefield North Prospect is located approximately 5km north of the historical Lancefield mine (circa. +1Moz) and approximately 12km north of Laverton (see Figure 1). Gold mineralisation is associated with a series of stacked shears within a package of meta-basalts with minor sediment layers. Quartz-carbonate-sulphide veining and intense alteration is associated with these shear zones (see Figures 3 and 4). | |
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