Duketon Mining (ASX:DKM) reports assay results from Barlee Gold Project

Duketon Mining has reported assay results from recent drilling at the Company’s 100% owned Barlee Gold Project, with remaining results received from the Astro, Gromit and Odie prospects.

The Company stated that significant gold intersections have been returned from multiple prospects, with Astro, Gromit and Odie each returning significant gold mineralisation and remaining open in multiple directions, providing immediate follow up drill targets.

Highlights

• Remaining assay results received from Barlee Gold Project drilling program

• Gromit Prospect: 30m @ 1.1g/t Au from 12m including 9m @ 2.4g/t Au from 24m

• Odie Prospect: 11m @ 0.67g/t Au from 28m including 6m @ 1.1g/t Au from 33m

• Astro Prospect (previously reported): 24m @ 0.8g/t Au from 24m including 12m @ 1.3g/t Au, 8m @ 0.8g/t Au from 52m including 2m @ 2.0g/t Au, and 7m @ 0.7g/t Au from 76m including 1m @ 4.7g/t Au

• All significant intersections are shallow and open in all directions

• Approximately 30% of granted tenure has been assessed using UltraFine+® soil geochemistry, with additional tenure under application extending the prospective strike to approximately 45km

At the Gromit Prospect, RC drill hole 26BAR013 intersected 30m @ 1.1g/t Au, including 9m @ 2.4g/t Au from 24m, approximately 30m east of previously reported aircore hole 26BAC068, which returned 4m @ 0.53g/t Au and 8m @ 0.27g/t Au, with gold mineralisation associated with quartz veining in weathered mafic sediments.

At the Odie Prospect, drilling intersected anomalous gold associated with a Banded Iron Formation, with mineralisation remaining open along strike to the north and south, where the nearest drilling is approximately 500m to the north and 300m to the south.

Historic drilling at the prospect has returned results including 16m @ 0.274g/t Au from surface, 4m @ 0.187g/t Au from 20m and 4m @ 0.1g/t Au from 28m.

Systematic geochemical exploration covers approximately 30% of the granted Project tenure (E77/3160), with approximately 40km² of granted tenure remaining to be assessed using UltraFine+® soil sampling.

The Company also reported that its landholding has expanded with a further 160km² of prospective tenure to the south, extending the Project strike length to approximately 45km, with the area to be evaluated using the same UltraFine+® geochemical methodology upon grant.

Duketon Managing Director Stuart Fogarty said:

“These results continue to demonstrate the significant discovery potential at the Barlee Gold Project. Our first pass drilling has now delivered encouraging gold intersections at Astro, Gromit and Odie, with each prospect remaining open and requiring further follow up drilling.”

Planned work includes follow up RC drilling at the Astro, Gromit and Odie prospects, expansion of UltraFine+® geochemical coverage across remaining granted tenure, and systematic geochemical programs across newly acquired southern tenure to generate additional drill ready targets.