Announcement Date: 2021-11-29
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Duke Exploration Ltd.
Project name: Prairie Creek
Location: Australia
Commodities: Gold,Silver
Highlight: Drilling results incl. 7m @ 0.17g/t Au, 31.17g/t Ag from 0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Duke Exploration Limited (ASX: DEX) (“Duke” or “the Company”) is pleased to announce assay results from the remaining two diamond exploration holes recently drilled at the Company’s Prairie Creek Gold Project in Central Queensland, targeting a 1.6 km long 200 m wide NE trending gold in soil anomaly (0.5 – 5.0 g/t Au). This announcement follows on from results from the first hole announced on 22 September. The Prairie Creek Project is located 120km southwest of Gladstone and 25 km southwest of Biloela, central Queensland, in EPM 26852 (Figure 1). This part of Central Queensland is prospective for epithermal gold mineralisation like the Cracow epithermal gold deposit 80 km to the south. The Prairie Creek prospect is the highest priority target within the project area (Figure 1 and Figure 2; see www.duke-exploration.com.au for project details). The prosect was historically identified from stream sediment sampling and is defined by a NE trending high grade gold in soil anomaly (0.5 – 5.0 g/t Au), extending over a strike length of 1.6 km and with a width of 200 m. The mineralisation style is interpreted as a gold-rich epithermal system containing minor silver associated with colloform quartz veining and breccia fill within a chlorite-hematite-k-feldspar-sericite altered volcaniclastic. Historic drilling has been carried out on the southern end of the soil anomaly, but the extent and continuity beyond this outcrop has not been tested. Significant intersections in historic drilling included
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