Duketon Mining Limited Launches 1,500m RC Drill Program at Killarney Gold Project Targeting Historic High-Grade Zones and Geochemical Anomalies

Wednesday, July 2, 2025
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8:18 am
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Duketon Mining Limited has launched an exploratory RC drilling program at its Killarney Gold Project. With 15 holes targeting multiple high-grade zones and assays expected in 4–6 weeks, this initiative could unlock promising returns and drive growth for the company.

Duketon Mining Limited has announced that its inaugural reverse circulation (RC) drilling program at the Killarney Gold Project is now underway. The exploration work, managed by Strike Drilling, is testing a series of high-priority targets over an initial program of approximately 1,500 meters drilled through 15 holes, with the option to expand the program if further opportunities arise. The project, located about 70 kilometers east of Mt Magnet and near the sealed Mt Magnet – Leinster Road, is targeting several zones of interest. Among these is a high-grade gold zone beneath a historical small open pit where past drilling yielded notably high gold grades, recorded at 485g/t, 422g/t, 394g/t, 326g/t, and 283g/t gold. Another target, based on historical rock chip sampling conducted 400 meters southeast of the pit, has shown gold grades as high as 140g/t, along with other significant values. In addition, a 250-meter-long geochemical anomaly north of the pit, where gold concentrations exceed 20 parts per billion, is under investigation along with several other single or multipoint anomalies. Assays from the drilling program are expected to be received within four to six weeks of dispatch from the site, pending laboratory turnaround times. The company mentioned that these upcoming results, along with previous exploration findings, will help refine the geological model for the Killarney project, which has seen historical extraction efforts including notable yields from prospected areas. The news presents a generally bullish scenario for Duketon Mining Limited. Investors may see potential as the drilling program explores multiple high-grade targets with historical data supporting significant gold values. Positive drilling results could bolster confidence and provide fresh momentum, supporting further exploration investment. Conversely, the bearish perspective highlights that the program is still in its early stages, and drilling results remain pending. Any delays or less-than-expected assay outcomes might temper market enthusiasm, reminding investors of the inherent risks in early-stage mining projects.

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