- Duketon Mining (DKM) intersects “massive” sulphides at the Bulge area within its namesake Duketon nickel project in Laverton, Western Australia
- The company has completed the first diamond drill hole of its current program, intersecting the sulphides over a 5.5-metre interval
- The program is testing the southern end of a 600-metre-long electromagnetic anomaly, west of the Rosie nickel deposit on the C2 contact
- Duketon says it will now focus on other targets before returning to the area
- Shares in DKM are up 3.13 per cent, trading at 33 cents at 10:13 am AEDT
Duketon Mining (DKM) has struck “massive” sulphides at the Bulge area within its namesake Duketon nickel project in Laverton, Western Australia.
The sulphides come from the first diamond hole of a current program in the area, which is testing the southern end of a 600-metre-long electromagnetic anomaly west of DKM’s Rosie nickel deposit on the C2 contact. The hole was drilled to a final depth of 711 metres.
DKM said the hole intersected mineralisation over a 5.5-metre interval, including 20 centimetres of “massive and stringer” sulphides.
Duketon Managing Director Stuart Fogarty said the latest results highlighted the potential of the Bulge area.
“This latest drill hole underpins the prospectivity of the Bulge area at depth. We are only just starting to unlock the greater area and this intersection is critical to that understanding,” Mr Fogarty said.
He said the intersection and sulphide mineralisation were similar to that of Rosie.
“This gives us great confidence to continue to explore this contact and the area outlined by the 600-metre-long surface EM response.”
Duketon is now drilling at Rosie, below the resource, down-plunge from high-grade nickel intersections.
The company plans to conduct downhole electromagnetic (DHEM) surveying on the newest drill hole as soon as resources become available.
Following that, the diamond rig will return to drilling in the Bulge area.
Shares in DKM were up 3.13 per cent and trading at 33 cents at 10:13 am AEDT.