- Duke Exploration (DEX) receives lab results from nine holes drilled at the Quorn prospect within the Bundarra project in QLD
- Assays include four metres at 0.93 g/t gold, 114 g/t silver and 1.06 per cent copper from 35 metres
- Duke says the results show there’s a “strong relationship” emerging between the breccia, mineralised veins and altered granodiorite with elevated mineralisation
- The company plans to conduct preliminary geological modelling and a drilling program to test the mineralisation
- DEX shares are trading steady at 6.9 cents at market close
Duke Exploration (DEX) has received lab results from nine reverse circulation holes completed at the Bundarra project in Queensland.
The holes were drilled at the Quorn prospect which is a mineralised breccia system that the company said is emerging as a candidate for resource definition drilling.
These results were previously reported as pXRF copper values and confirm copper grades, however, the re-assayed results include gold and silver values.
Assays include four metres at 0.93 grams per tonne (g/t) gold, 114 g/t silver and 1.06 per cent copper from 35 metres, and one metre at 0.75 g/t gold, 16 g/t silver and 0.24 per cent copper from 28 metres.
Duke said the results show a trend for elevated gold values to occur with copper in association with the breccia zone as well as adjacent mineralised shear veins and altered granodiorite at depth.
Managing Director Philip Condon said he’s “very encouraged” with the positive results.
“These are firming up our understanding of elevated gold assays with copper mineralisation as well as showing good correlations with the pXRF results that were previously announced,” he said.
Duke Exploration plans to conduct preliminary geological modelling and plan a drilling program to test the extent and geometry of mineralisation.
Company shares were trading steady at 6.9 cents at market close.