Duketon Mining has launched a second reverse circulation drilling program at its promising Killarney Gold Project, aiming to extend known gold mineralisation and explore new geochemical targets. Assay results are expected within six weeks, potentially shaping the project's next phase.
- Second RC drilling program underway at Killarney Gold Project
- Approximately 2,000m planned across up to 20 drill holes
- Previous drilling returned significant gold intercepts including high-grade zones
- New drilling targets extensions along strike and at depth plus geochemical anomalies
- Assay results anticipated in 4 to 6 weeks pending lab turnaround
Drilling Resumes at Killarney
Duketon Mining Limited has commenced its second reverse circulation (RC) drilling campaign at the Killarney Gold Project, located roughly 70 kilometres east of Mt Magnet in Western Australia. This follows encouraging results from an earlier program that revealed multiple gold intercepts with grades ranging from moderate to notably high.
The new program is designed to build on these findings by extending mineralisation both along strike and at depth. With approximately 2,000 metres planned across up to 20 drill holes, the company is also targeting several geochemical anomalies identified in prior surface sampling efforts. These targets could represent new zones of gold mineralisation, potentially broadening the project's resource base.
Promising Early Results
Previous drilling at Killarney yielded several standout intercepts, including a 9-metre section grading 4.64 grams per tonne gold with a high-grade 1-metre interval hitting nearly 40 grams per tonne. Other notable results include intercepts from surface and shallow depths, suggesting near-surface mineralisation that could be amenable to cost-effective extraction methods.
These results have set a positive tone for the current drilling campaign, with the company aiming to confirm and expand these zones. The focus on both depth extensions and strike length could reveal a more substantial and continuous gold system than previously understood.
Looking Ahead
Assay results from the ongoing drilling are expected within four to six weeks, subject to laboratory processing times. These results will be critical in informing Duketon Mining's next steps, including resource estimation updates and potential development strategies.
Managing Director Stuart Fogarty has authorised the release of this update, underscoring the company's commitment to transparency and timely communication with the market. The involvement of competent geoscientist Kirsty Culver adds further credibility to the exploration data and interpretations.
As the drilling progresses, investors and analysts will be watching closely for assay outcomes that could validate the project's potential and influence Duketon Mining's strategic direction in the competitive gold exploration sector.
Bottom Line?
Killarney’s next assay results could be a pivotal moment for Duketon’s gold ambitions.
Questions in the middle?
- Will the new drilling confirm extensions of high-grade gold mineralisation?
- How might the geochemical targets influence the overall resource potential?
- What are the implications for Duketon’s development timeline and funding needs?