| Announcement Date: | 2022-09-19 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Duke Exploration Ltd. |
| Project name: | Bundarra |
| Location: | Australia |
| Commodities: | Gold,Silver,Copper,Molybdenum |
| Highlight: | Drilling results incl. 16m at 0.62% Cu, 5g/t Ag, 0.09g/t Au, 28ppm Mo from 99m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Duke Exploration Limited (ASX: DEX) (“Duke”) is pleased to announce final assay results from the reverse circulation (RC) drilling program that commenced in February 2022 at its flagship Bundarra project. This update is for assays received for 22 drill holes totalling 3,697 m that were completed at the Lone HandClooracorn-Seafood (LCS) Prospects. The LCS investigation is part of the scout drilling program focussed on primary targets located in the northern portion of the Bundarra Intrusive Complex (BIC). These targets were previously identified as a direct result of the extensive exploration program conducted in Q3 and Q4, 2021 including soil sampling, geological ground truthing and assessment, VTEM and airborne magnetics analysis over the entire BIC plus a 5-hole diamond drilling campaign completed in January 2022. The recent drilling has highlighted a potential Mt. Flora vein style target that has been added to the list of follow up BIC targets that are emerging as candidates for resource delineation drilling in the future. Duke has initiated the next phase of the Scout drilling which is focusing on testing structural and magnetic targets emanating from the integration of Duke and Rankin (2022) targets. This work involves a combination of the following |
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