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Duke Exploration

Duke Exploration reports ‘highly encouraging’ copper intercepts at Bundarra

Duke Exploration (ASX: DEX) has announced ‘encouraging, high-grade’ intercepts at the Quorn and Isens deposits within its Bundarra Project in Queensland following recent drilling.

The results generated from the first two of five diamond drill holes at Quorn and Isens, as well as various RC holes, include individual grades of up to 56.7g/t, with important hits from Quorn including:

  • Diamond Hole BNDD001:
    • 15.4m @ 1.07% Cu, 9.52g/t Ag from 32m
    • 22.35m @ 0.71% Cu, 23.11g/t Ag from 85.3m; including
      • 3.1m @ 1.77% Cu, 56.7g/t Ag from 93m
  • RC Hole QNRC001:
    • 4.0m @ 2.66% Cu, 4.51g/t Ag and 0.54g/t Au from 199.0m
  • RC Hole QNRC002:
    • 11.0m @ 1.04% Cu, 14.70g/t Ag and 0.07g/t Au from 122.0m
  • RC Hole QNRC002:
    • 27.0m @ 0.58% Cu, 14.86g/t Ag and 0.05g/t Au from 26.0m
  • RC Hole QNRC004:
    • 5.0m @ 0.28% Cu, 6.24g/t and 0.01g/t Au from 41.0m

The diamond hole at Isens, which was terminated early due to poor ground conditions, also intersected significant zones of copper mineralisation, reporting:

  • Diamond Hole BNDD002:
    • 3.73m @ 0.46% Cu, 4.26g/t Ag from 38.94m
    • 6m @ 1.04% Cu, 9.34g/t Ag from 109m; including
      • 3.7m @ 2.06% Cu, 13.95g/t from 110.66m

Speaking on the results, Duke Exploration Managing Director Philip Condon said: “These assay results are highly encouraging in multiple ways. The thickness and grade of the intercepts are significant in themselves, the confirmation of our targeting model allowing further enhanced mineralised prospect identification accuracy, and a deeper understanding of the complex geology in the mineralised zones complementing our prospect targeting and prioritisation.

It’s the early days yet but it looks like we might have a very exciting few months ahead of us”

With the follow up 46 – hole RC drilling campaign currently underway, these mineralised targets will be further tested for scale along with the other recently announced primary targets. It’s the early days yet but it looks like we might have a very exciting few months ahead of us.”

The purpose of this five-hole drill program was to test the composition of mineralised zones and to test the exploration model that the company has developed in order to identify potential mineralised prospects suitable for further drill work.

Duke notes that these results confirm its investigations as to whether there were any lithological and geometric relationships between copper and silver mineralisation within the Quorn Breccia (BNDD001) and the Isens historic mine lode (BNDD002).

Drill core from hole BNDD001 at Quorn displaying breccia-style mineralisation
Drill core from hole BNDD001 at Quorn displaying breccia-style mineralisation

The Bundarra Project, comprised of the Bundarra, Duania, and Waitara tenements, is located in the heart of the Central Queensland coal fields approximately 130km southwest of Mackay and 50km east of Moranbah.

With the five-hole drill campaign complete at Quorn and Isens, Duke has stated that it is awaiting the completion of its 46 RC drill campaign to further test the scale of these ‘significant’ mineralised zones.

Images: Duke Exploration Ltd
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.