For thousands of other reports visit RSC's Mineral Intellingence Map

Duketon Mining Ltd.

opaxe

Summary

Project:

Duketon

Deposit:Lancefield North
Location:Australia
Commodities:Gold
Date:2/8/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:8-2-2017: Duketon Mining Ltd. announces an Exploration/Drilling Update report for its Lancefield North deposit at the Duketon project. Drilling results incl. 14m @ 4.1g/t Au from 93m. Duketon Mining Limited (ASX: DKM) is pleased to announce that assays ha
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Kirsty Culver (Internal)
ABSTRACT:Duketon Mining Limited (ASX: DKM) is pleased to announce that assays have been received for the remaining five RC drill holes from Lancefield North (100% owned) and all have intersected gold mineralisation. The RC holes were drilled to test down plunge and along strike from gold mineralisation identified in historical drill holes that include 8m @ 11.01g/t Au, 8m @ 4.41g/t Au, 8m @ 4.02g/t Au & 1m @ 7.03g/t Au, 4m @ 4.25 g/t Au, 2m @ 13.18g/t Au, 1m @ 29.4g/t Au & 1m @ 7.05g/t Au, 1m @ 6.35g/t Au (see ASX announcement 28 July 2016). Mineralisation appears to be associated with shear zones along the contact of variable mafic units and is associated with quartz, sulphide, magnetite and pervasive chlorite alteration. Duketon’s Managing Director, Stuart Fogarty, said: “When you look at these final RC drill results alongside the announcement from last week and the historical numbers, you can see multiple intersections that are greater than 30 gram meters. Also, when you take into consideration that mineralisation has been intersected at less than 40m depth then this project starts to look like it has significant potential. The thickness and grades of some of these intersections are quite remarkable when compared to any of the known resources in the Duketon Belt”.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report