logo-loader
MiningGold & silver
Duketon Mining Ltd

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.

1541561367_shutterstock_294568553.jpg
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.

Quick facts: Duketon Mining Ltd

Price: $0.15

Market: ASX
Market Cap: $17.7 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: PFS values Infinity Lithium's flagship San José project at...

Infinity Lithium Corporation Ltd's (ASX:INF) executive director of corporate strategy Vincent Ledoux Pedailles chats to Proactive London's Andrew Scott following the publication of a PFS (pre-feasibility study) for the development of its flagship San José lithium project in Spain. The study...

7 hours, 3 minutes ago

2 min read