Announcement Date: 2022-03-07
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Duke Exploration Ltd.
Project name: Bundarra
Location: Australia
Commodities: Silver,Copper
Highlight: Drilling results incl. 22.35m @ 0.71% Cu, 23.11g/t Ag from 85.3m
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 first two holes of the latest five-hole diamond drilling program completed end of Januaryhole one at Quorn and hole two at Isens. The purpose of the five-hole program was to confirm the geological composition of the various complex mineralised zones and to test the exploration model the Company has developed over the last eight months being used to identify potential mineralised prospects suitable for drill testing. The drilling in both holes has intersected significant zones of copper mineralisation, in two distinct styles. Laboratory assays from the first two exploration diamond drilling holes completed at Quorn and Isens have been finalised (Figure 1). The main aim of the drilling was to confirm the lithological and geometric relationships of any copper and silver mineralisation within the Quorn Breccia (BNDD001) and the Isens historic mine lode (BNDD002). Duke’s newly developed targeting technique using pXRF soils combined with conductivity modelling from gradient array IP data would also be tested (see announcement “New Geophysical Modelling Demonstrates Expanded Prospectivity At Bundarra And Drilling Update At Quorn And Isens Prospects” for more details regarding the targeting technique1 ).
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