Duketon Mining Limited Killarney Update: 250-Meter Gold Anomaly Discovery Fuels New High-Grade RC Drilling Program
Tuesday, June 24, 2025
at
8:24 am
Duketon Mining Limited updates its Killarney Project with a promising 250m gold anomaly and rock chip assays up to 90g/t. RC drilling will soon test high-grade zones, pointing to potential growth opportunities for investors exploring gold plays.
Duketon Mining Limited has provided an update on its Killarney Gold Project, reporting encouraging results from its recent exploration campaign. During May 2025, the company completed an auger geochemical sampling program across the tenement, collecting 317 samples on an 80m x 20m grid. Among these, a 250m long gold anomaly with values reaching up to 50 parts per billion—six times the background level—was identified 80m north of the Killarney Pit. This anomaly follows a structural trend that has previously hosted high‐grade mineralisation.
In addition to the geochemical work, rock chip assays delivered notable results, including a 90g/t gold reading from the southeast corner of the tenement, with earlier sampling in the same area returning assays as high as 140g/t and 87g/t. These findings have led the company to plan for the commencement of reverse circulation drilling within the next two weeks. The upcoming drilling program will target depth extensions beneath the Killarney Pit, where historical rock chip assays have shown some exceptional grades, such as 485g/t, 422g/t, and 394g/t, among others. The technical groundwork, including drill site preparations and an approved Programme of Works, positions the company to effectively test multiple high-grade zones.
The technical indicators, including the significant geochemical anomaly and a series of high-grade rock chip results, point to promising potential for resource expansion. Bullish sentiment is supported by these encouraging assay figures and the strategic alignment of the anomaly with known mineralised structures, suggesting that there may be further upside as reverse circulation drilling commences. Conversely, the bearish perspective might emphasize that, as with all early-stage exploration projects, there remains uncertainty regarding the continuity and true width of the mineralisation. Investors should note that while the current data is promising, the success of the project ultimately hinges on forthcoming drilling results and further resource definition.
Duketon Mining Limited’s progress at the Killarney Gold Project offers a cautiously optimistic outlook for those interested in the mining sector. The combination of robust technical data from geochemical sampling and rock chip assays, together with a clear plan for drilling, provides a balanced view of potential rewards weighed against the inherent risks of mineral exploration.