Duke Exploration accelerates exploration at Bundarra following recent ASX debut

It was a busy December quarter for Duke Exploration (ASX: DEX) which listed on the ASX in early November after raising $8 million in its IPO and giving investors exposure to its Bundarra copper-silver-gold project in central Queensland.

The company had already begun reverse circulation drilling at Bundarra in October and had completed 3,905m by the end of the December quarter.

Of the 3,905m, 1,014m was undertaken at the Quarry anomaly.

This returned highlight results of 7m at 3.85% copper, 58.2 grams per tonne silver and 0.1g/t gold from 21m, and 8m at 1.53% copper, 27.8g/t silver and 0.04g/t gold from 70m.

Mt Flora prospect initial priority

Over at the priority Mt Flora prospect, a further 14 holes for 2,891m were drilled. Assays from this drilling are expected in the current period.

However, visual logging of core and pXRF readings have confirmed historical results which produced assays of 16.95% copper, 287g/t silver and 0.31g/t gold, and 10.45% copper, 191g/t silver and 0.27g/t gold.

Upcoming exploration

Duke kicked-off the new year with more drilling at Mt Flora and has completed 2,478m to-date.

The company has also sourced a second rig to fast-track the Mt Flora program and begin drilling at Quorn and Prairie Creek.

Once the current drilling at Mt Flora has been completed and Duke has received the results, it will begin infill drilling to develop a resource.

Over at the Quarry anomaly, Duke plans to begin pattern resource drilling during the current quarter and will focus on the northern strike extension.

At the Quorn prospect, the company will complete follow up geophysics surveys and begin planning a drill program.

Other work will comprise gradient array and pXRF soil sampling at Quorn and the Isen underground mine area.

Duke is also finalising land access and planning for a drill program at the Prairie Creek gold target.