Sign up Australia
Proactive Investors - Run By Investors For Investors

Duketon Mining hits broad gold intersections at Golden Star prospect in WA

Further RC drilling is scheduled to test multiple targets within the wider Duketon Project.
Duketon Mining hits broad gold intersections at Golden Star prospect in WA
Duketon holds about 1,800 square kilometres of tenure north of Laverton

Duketon Mining Ltd (ASX:DKM) has intersected substantial gold mineralisation in reverse circulation (RC) drilling at the Golden Star Prospect within its Duketon Project in WA.

The best of these intersections is within fresh rock about 90 metres below surface, reinforcing the continuity of mineralisation at depth.

Wide intersections of greater than 20 metres downhole and exceeding 1 g/t gold have now been outlined over 500 metres.

Best intersections from the highlighted drill hole include: 34 metres at 2.3 g/t gold from 87 metres, including 12 metres at 5.3 g/t; 20 metres at 1.5 g/t from 60 metres, including 7 metres at 3.5 g/t; and 8 metres at 1.3 g/t from 109 metres.

Potentially significant gold resource

Duketon managing director Stuart Fogarty said the company was continuing to see exceptionally thick intersections at Golden Star.

He said: “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.”

Further RC drilling scheduled

Duketon has chemically identified the prospect’s host rock as a fractionated dolerite sill, overturned and younging to the west that is over 100 metres wide in some areas.

Younging refers to the direction in which stratigraphy becomes younger for a particular formation.

Within this dolerite sill the most fractionated part – a quartz-magnetite-rich unit up to 80 metres wide – appears to be the preferential host of the gold mineralisation.

The company has scheduled further RC drilling for multiple targets towards the end of this month.

View full DKM profile View Profile

Duketon Mining Ltd Timeline

August 10 2016

Related Articles

August 13 2018
The company is excited by the potential of its Albury Heath project in the Meekatharra area of Western Australia’s Mid West-Murchison region.
Energy Fuels nudges higher as it outlines opportunities to lift uranium output
March 21 2018
The group is always hunting new sources of alternate feed materials and fee processing arrangements, it said
July 18 2018
Tsodilo Resources is currently evaluating a diamond project situated right in the heart of one of the world's most prolific diamond-producing areas

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use