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Company News
Andrew Forrest sparks a merger and acquisition race for small miners
Iron ore billionaire and green energy crusader Andrew Forrest has just fired the starter’s gun on what’s likely to be a wave of merger and acquisition (M&A) activity among small miners. Forrest’s $760 million bid for nickel miner Mincor (ASX: MCR) is set to succeed, not because it’s a particularly generous offer, it’s more case […]
Duke Exploration delivers maiden inferred copper-silver resource for Mt Flora
Duke Exploration (ASX: DEX) has announced a maiden inferred mineral resource estimate for the Mt Flora copper-silver deposit within its flagship Bundarra project in central Queensland. It totals 16 million tonnes at an average grade of 0.5% copper and 6.9 parts per million silver for 78,000 tonnes of copper and 3.6 million ounces of silver. […]
Duke Exploration confirms Quorn copper-gold-silver mineralised system could be larger than Mt Flora target
Preliminary drilling results from Duke Exploration’s (ASX: DEX) Quorn prospect within its flagship Bundarra copper project in central Queensland have confirmed it could become a larger mineralised system than the nearby Mt Flora target. Four reverse circulation holes for a total 900m intersected visible copper mineralisation in stacked zones of up to 53m width and […]
Duke Exploration’s newest target within Bundarra copper project could be larger than Mt Flora
Recently-completed geophysical work at the Quorn prospect within Duke Exploration’s (ASX: DEX) high-priority Bundarra copper project in central Queensland suggests it could be up to five times larger than the nearby Mt Flora target. A 3D induced polarisation survey in December identified conductivity anomalies at Quorn similar to those associated with copper-silver-gold mineralisation at the […]
New assays increase Duke Exploration’s confidence in Mt Flora copper-silver-gold resource potential
Duke Exploration (ASX: DEX) is confident a new round of assays from reverse circulation drilling at its high-priority Mt Flora prospect within the Bundarra copper project area in central Queensland will build on the yet-to-be-released maiden resource estimate. The new results include 110 intersections of copper, silver and gold mineralisation above a 0.2% cut off and […]
Duke Exploration expands Queensland copper potential with grant of Waitara tenement
Duke Exploration’s (ASX: DEX) copper exposure in central Queensland has expanded with the grant of exploration permit EPM 27609, which covers the Waitara copper and silver porphyry prospect. The company has secured the exploration permit for five years, with the tenement covering six sub-blocks. Between 1972 and 1979 drilling was carried out at Waitara and unearthed […]
Duke Exploration reports visible copper at historic Mt Flora mine site
Duke Exploration (ASX: DEX) has reported that the first drill hole targeting an electromagnetic plate at its Mt Flora prospect in Queensland has successfully intersected visible copper mineralisation in stacked veins. The mineralisation began at 47m down hole and continues in several sections to a depth of 225m. Drilling of the hole is continuing to […]
Duke Exploration doubles copper-silver mineralised area at Mt Flora prospect
Assays from resource drilling at the high priority Mt Flora prospect within the Bundarra copper project area in central Queensland have doubled the areas of copper and silver mineralisation for owner Duke Exploration (ASX: DEX). The company confirmed today that results had been received from the first complete line of a post-Christmas reverse circulation program […]
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 […]
Duke Exploration’s copper theory for Quorn firms up after soil anomalies correspond to IP survey
Duke Exploration (ASX: DEX) has yielded further exploration success at Quorn, part of the Bundarra project, with anomalous copper identified in soil samples associated with the primary conductive anomalies identified at the prospect. A handheld pXRF reader was used on soil samples collected at the prospect where up to 0.47% copper was recorded. The reader […]
