New Risk • Mar 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.1m (US$9.86m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.1m market cap, or US$9.86m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Board Change • Jan 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Heath Hellewell was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$17.2m market cap, or US$11.5m). Annuncio • Oct 01
Duketon Mining Limited, Annual General Meeting, Nov 27, 2025 Duketon Mining Limited, Annual General Meeting, Nov 27, 2025. New Risk • Aug 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.3m (US$9.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$15.3m market cap, or US$9.83m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). New Risk • May 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.3m (US$9.89m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$15.3m market cap, or US$9.89m). Annuncio • Feb 04
Duketon Mining Limited Advises Executive Changes Duketon Mining Limite advised that Mr. Dennis Wilkins has resigned as company secretary. Mr. John Ribbons has been appointed company secretary, effective immediately. Mr. Ribbons is a finance and governance professional with over twenty-five years' company secretarial, corporate governance and corporate compliance experience, including roles as Non-Executive Director and Company Secretary of ASX listed and unlisted companies. He has a strong background in the resources sector, assisting several junior entities from incorporation to ASX listing. Mr. Ribbons has extensive knowledge and experience with ASX and TSX listed production and exploration companies and has considerable site based experience with operating mines. Annuncio • Sep 27
Duketon Mining Limited, Annual General Meeting, Nov 22, 2024 Duketon Mining Limited, Annual General Meeting, Nov 22, 2024. New Risk • Sep 22
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (AU$14.7m market cap, or US$10.0m). New Risk • Jun 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.1m (US$9.39m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.1m market cap, or US$9.39m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Board Change • Jan 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Heath Hellewell was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 25% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$31.7m market cap, or US$20.3m). Annuncio • Sep 27
Duketon Mining Limited, Annual General Meeting, Nov 23, 2023 Duketon Mining Limited, Annual General Meeting, Nov 23, 2023. Agenda: To consider the re-election and appointment of directors. New Risk • Aug 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$36.6m market cap, or US$23.5m). New Risk • Jun 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$41.5m market cap, or US$27.5m). Annuncio • Feb 08
Duketon Mining Limited Announces High Grade Nickel and Up to 30G/T Palladium Intersected Duketon Mining Limited announced assays have been received for the diamond drilling completed late last year at Rosie. These drill results are located outside of the current indicated resource and were targeting an area of 150m of strike were there was limited intersections between the original Rosie Resource and the Historical Nariz mineralisation (both of these are now considered to be part of the Rosie system and have been included in the Rosie MRE). These results will extend the known indicated resource. Significant individual Palladium assays up to 30g/t were returned in hole DKDD0031 as well as Nickel assays up to 6.65% in DKDD0033. All significant intersections have been resubmitted for assaying of the reminder of the PGE suite. Rosie typically contains an additional 0.5g/t of the remaining PGE's (Rhodium, Ruthenium, Osmium, Iridium). Down hole EM was completed on all holes. All have a significant in-hole anomaly. All anomalies are broad and highly conductive. This indicates that there is a significant extent to the mineralisation. Diamond drill rig scheduled to be back on site in the next 2 weeks with an additional 4,000m planned. This will focus on a number of regional MLEM targets, down plunge of Rosie and stratigraphic targets. Annuncio • Dec 21
Duketon Mining Ltd Announces Multiple Moving Loop Electromagnetic Anomalies Duketon Mining Ltd. announced multiple Moving Loop Electromagnetic (MLEM) anomalies have been identified from additional lines over The Bulge ultramafic following up from previously announced exploration results1. Nine (9) lines in total were completed over The Bulge in two sections for 15 line kilometresand 150 stations. A large deep, sub vertical anomaly was modelled along strike from the C2 contact to the south, with a southerly plunge. The anomaly is broad and deep with this modelled scenario best fitting the known geology. The conductance is modelled at approximately 5,000 siemens which is the right order of magnitude for nickel sulphides. Historic drilling up dip of this plate at the base of the ultramafic has intersected significant nickel and PGE mineralisation including: 4.56m @ 1.40g/t Pt + Pd & 0.53% Ni, 3.25m @ 1.78g/t Pt + Pd & 0.74% Ni, 5.25m @ 1.27g/t Pt + Pd & 0.87% Ni. This survey has also extended the MLEM response to the north and down dip of the northern extent of Rosie mineralisation. Several other anomalies were identified in the area but are attributed to known stratigraphic conductors. Further technical review is being undertaken. Annuncio • Dec 13
Duketon Mining Limited Announces an Update to the JORC 2012 Indicated and Inferred Mineral Resource Estimate Duketon Mining Limited announced an update to the JORC 2012 Indicated and Inferred Mineral Resource Estimate (MRE) for the C2 Nickel Deposit in the Duketon Belt, 120km north of Laverton. This update is based on additional drilling conducted since the last MRE in 2015 and includes all drilling conducted to date. The Indicated and Inferred Mineral Resource Estimate for C2 is 8.06 million tonnes at 0.57% nickel and is reported in accordance with the 2012 JORC Code. The resource estimate is reported at >0.4% Ni grade. Previously 100% of the C2 resource was reported as Inferred. Over 99% of the Resource has now been classified as Indicated. Mineralisation remains open in all directions. The total JORC compliant nickel resource for the Bulge Area (Rosie and C2) now stands at 102,527 tonnes of nickel, 14,163 tonnes of copper and 254,712 ounces of PGEs. The updated C2 Nickel Mineral Resource was estimated by independent consultants from Cube Consulting Pty Ltd. (Cube). of Laverton in Western Australia. The host unit of the nickel sulphide mineralisation is locally termed the Bulge Ultramafic Complex, this can be traced over 10km of strike and is also host to the Rosie Nickel Sulphide Deposit (2.7Mt @ 2.0% Ni for 56,264 Ni tonnes). The Bulge Ultramafic Complex has been a focus for nickel exploration for several companies over the last ten years, most significantly at the Rosie and C2 prospects by Independence Group NL. During this time, a JORC 2004 compliant resource of 1.9Mt @ 1.7% Ni (32,700 Ni t), 0.38% Cu and 1.9 g/t Pt + Pd was defined at the Rosie Prospect. Structural thickening is highly likely in the Bulge area due to folding, however the exact relationship to the structure and folding with respect to the mineralisation is currently poorly understood. Mineralisation at the C2 deposit is located at the northern end of the ultramafic host, with the facing direction younging to the southwest. The ultramafic at C2 strikes to the north-northwest and dips steeply to the northeast. The C2 deposit is a komatiite-hosted nickel sulphide deposit. The mineralisation is characterised by accumulations of disseminated and to a lesser extent massive and matrix Ni-Cu-PGE magmatic sulphides at or close to the basal contact of a komatiite ultramafic rock, overlying a mafic pillow basalt footwall. This footwall often has fine grained siltstone sediments which also contain sulphides in varying amounts. The deposit has been drilled with a combination of Aircore, RC and Diamond drilling (NQ2) from surface to a vertical depth of approximately 400m over a strike length of 750m. The C2 mineralisation is of medium-high tenor (10-14% Ni in 100% sulphides), with intersections of Ni up to 7.36% in remobilised vein hosted massive sulphides. It has lesser amounts of Cu at a ratio of 12:1, and minor Pt and Pd credits. The mineralogy of the system appears to be similar to typical Kambalda-style magmatic Ni systems, with pyrrhotite, pentlandite and chalcopyrite as the dominant sulphides in the primary portion of the mineralised zone. Annuncio • Nov 30
Duketon Mining Limited Announces the Third Diamond Drill Hole At Rosie Duketon Mining Limited announce the third diamond drill hole at Rosie has been completed to a final depth of 544m. The hole intersected significant mineralisation over a 19.10 metre interval including 1.05 metre of massive sulphide. The drill rig is currently at the Albany Prospect drilling the moving loop electromagnetic (MLEM) conductor identified earlier in the year. This MLEM anomaly is a strong, clear, late- time anomaly with a conductivity of 1400 Siemens. Downhole electromagnetic (DHEM) surveying will be completed on all drill holes in the next couple of weeks. Assays are expected in late January 2023 for all drill holes. Modelling of surface MLEM data to the west and down plunge of Rosie is continuing. This area is further to the west of Rosie than the current drilling. Once the modelling of this data is complete, any targets associated with it will be announced. Annuncio • Nov 22
Duketon Mining Limited Announces Diamond Drilling at the Rosie Project Duketon Mining Ltd. announced diamond drilling at the Rosie Project is progressing well with two diamond drillholes completed to date. The diamond drill rig is currently on the third hole drilling down dip of Rosie. Drilling has intersected stringer and heavily disseminated/matrix style sulphides on ornear the footwall contact. Drillhole DKDD0031 intersected a 5.5m mineralised zone while DKDD0032 intersected a 4.1m mineralised zone. These holes are currently being cut for sampling with results expected in the first few weeks of 2023. A total of four holes are scheduled to be completed prior to the end of this calendar year. The one diamond drill holes at Albany Prospect is designed to test a strong EM response generated from the MLEM survey completed earlier in the year which is also supported by positive geochemistry. Downhole electromagnetic (DHEM) surveying will be completed on all holes prior to the end of the year. Modelling of surface moving loop electromagnetic (MLEM) data to the west and down plunge of Rosie is continuing (see ASX announcement 2 November 2022). This area is further to the west of Rosie than the current drilling. Once the modelling of this data is complete, any targets associated with it will be announced. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Heath Hellewell was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 09
Duketon Mining Limited Ordinary Shares to Be Deleted from OTC Equity Duketon Mining Limited Ordinary Shares will be deleted from OTC Equity effective from November 09, 2022, due to Inactive Security. Annuncio • Nov 02
Duketon Mining Limited Provides Exploration Update on Duketon Project Duketon Mining Ltd. announced the completion of a significant electromagnetic survey over the northern half of the Duketon North Project, over the two large mafic intrusions at the Tate Project and over part of the Bulge (the host to Rosie and C2 mineral resources). Over 110 line kilometres were completed during these surveys and over 1200 stations were collected. This constitutes a major investment by the Company using the latest technology to either survey areas of no data or to re-survey areas previously covered by older and less capable systems. This data will underpin the next major exploration push focusing on new discoveries and extending the current resources. Duketon North EM Survey Phase 2 - Completed Phase 2 of the EM survey that was continuing in the northern sector of the Duketon Project has now been completed. Numerous EM anomalies have been identified in this program. These are all mid-time anomalies and require further geological work prior to being drilled. Bulge EM Survey Surveying continuing Whilst the EM crew were on site a decision was made to re-survey a portion of the Bulge ultramafic to the south and to the west of the Rosie Mineral Resource. This was to address two main issues with the pre-existing data. Firstly, the newer systems are more powerful and are less noisy allowing them to receive data later in time which is a proxy for "seeing" deeper. Secondly the orientation and position of the previous data was not optimal to the now know orientation of the geology and the mineralisation. On the one line that is orientated east west a broad, very late time and high amplitude EM anomaly has been identified internal to the Bulge ultramafic complex. This is down plunge and immediately to the west of the Rosie mineralisation. This response is indicating that there is a highly conductive body at depth. Surveying is ongoing and once all data is collated it can be effectively interpreted for drill testing. Tate EM Survey - Completed The MLEM survey over the Tate project has been completed and has identified several EM anomalies both internal and flanking the larger of the two intrusions. This area is covered by transported sands and very little is known about these intrusions. Further geological and geophysical work is required to put these into context. Drilling - Commencing Diamond drilling is planned to commence at the end of this week on multiple targets and will continue through to the end of the year. Highest priority targets include: Down plunge Rosie; Albany EM and Geochem target; and Various other targets generated from EM program or from drilling. Annuncio • Oct 04
Duketon Mining Limited, Annual General Meeting, Nov 29, 2022 Duketon Mining Limited, Annual General Meeting, Nov 29, 2022. Annuncio • Sep 07
Duketon Mining Limited Announces Receipt of Positive Metallurgical Results for the C2 Nickel Resource Duketon Mining Ltd. announce the receipt of positive metallurgical results for the C2 nickel resource. A composite sample from diamond drilling was processed through a number of flotation tests during the past few months. The test work was completed by Strategic Metallurgy Pty Ltd, recognised as leading consultants in nickel sulphide metallurgy. The primary objective of this test work was to assess nickel flotation response for C2 and determine the recovery to a saleable grade (>10% Ni) concentrate. Assessment of concentrate quality, including Fe:MgO ratio and other deleterious elements was also included. The C2 composite was prepared from select drill core intervals that represent the known resource zones. The core samples were all from the hole DKDD0030 between 205m - 235m with sample IDs DKM38779 - DKM38813. The nickel assay of all intervals ranged between 0.6% Ni - 2.5% Ni and formed the composite with a grade of 1.07% Ni. These tests confirm that C2 ore responds well to conventional flotation and produces a saleable concentrate. Open circuit recovery is as high as 77.3% to a saleable concentrate with nickel grades ranging from 11%-18% Ni and an Fe:MgO of between 12-20:1. It is anticipated with further metallurgical work the recovery can be improved without compromising any of the key elements. Platinum and palladium were recovered into the concentrate however are not present at high enough levels to warrant credits. Low levels of deleterious elements were detected in concentrate but are not expected to incur any penalties. Copper and cobalt are present in levels expected to receive concentrate by- product credits. The positive result in these tests allow DKM to move forward with infill drilling the C2 deposit to an indicated status so it can be used for scoping study level assessment and extending the resource along strike and down dip. Annuncio • Jul 25
Duketon Mining Ltd Announces Assay Results Have Been Received for RC Holes Drilled Within the Oxide Zone Above the Rosie Ni-Cu-PGE Deposit Duketon Mining Ltd. announced assay results have been received for RC holes drilled within the oxide zone above the Rosie Ni-Cu-PGE Deposit. Four drill traverses were completed across the top of the Rosie Deposit to determine the grade and distribution of PGE's within the oxide zone. The drilling highlights a high-grade core of Platinum and Palladium above the centre of Rosie, 350m wide. This is situated within a broader 900m wide zone of greater than 0.5g/t Platinum and Palladium. Nickel and copper mineralisation occurs in the same area and is typified by partial to complete oxidation of the sulphides. Significantly, mineralisation occurs only 12m from surface. Drill holes will be submitted for the full suite of PGE's (Rhodium, Ruthenium, Iridium, Osmium). Duketon will continue to drill this zone with the intention of modelling a resource and then subsequently assessing it for mining and processing options. This could have positive implications for any development options at the Rosie Ni-Cu-PGE Resource. 17m @ 1.02g/t Pt + Pd, 0.18% Ni & 0.27% Cu from 15m, inc. 6m @ 1.42g/t Pt + Pd, 0.34% Ni & 0.45% Cu, 7m @ 2.13g/t Pt + Pd, 0.82% Ni & 0.29% Cu from 68m, 10m @ 1.29g/t Pt + Pd, 0.68% Ni & 0.30% Cu from 45m, inc. 6m @ 1.79g/t Pt + Pd, 0.74% Ni & 0.36% Cu, 9m @ 1.12g/t Pt + Pd, 0.67% Ni & 0.27% Cu from 82m, and 4m @ 2.95g/t Pt + Pd, 1.25% Ni & 0.99% Cu from 72m. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Director Heath Hellewell was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 04
Duketon Mining Limited Provides an Exploration Update on the Duketon North Area Duketon Mining Limited provided an exploration update on the Duketon North area. The first phase of Moving Loop Electromagnetic (MLEM) has been completed and a number of anomalies have been identified. The MLEM survey covered Kendal, Cambridge, Albany and Camp Oven Prospects. A total of 48-line kilometres on 200-400m spaced lines, covering 17km2 were completed. First order anomalies have been identified at Cambridge, Albany and Camp Oven. The anomalies at Camp Oven are on the northern most line of the Phase 1 program and remain open to the north. The second phase of MLEM will cover the area north of Camp Oven up to Dover and will commence once an EM crew is sourced. Two discreet mid time anomalies have been identified at Cambridge. They are both located on the eastern edge of the ultramafic. There is no historic drilling in the area. Historic auger geochemistry highlights the ultramafic package with plus 1000ppm Ni and plus 100ppm Cu. At Albany a strong, late time anomaly is modelled at 2000 Siemens. The area has a thin layer of transported cover and there is no surface geochemistry. Historic drilling over the top of the anomaly was only assayed for gold but logging has recorded ultramafic within the drillholes and recent inspection of drill spoils has identified a sheared ultramafic 200m to the west. At Camp Oven two mid to late time anomalies were detected on the last line of the survey. One along the eastern edge of the ultramafic, the other just off the western edge. Anomalous rock chip geochemistry nearby is up to 0.86% Ni and 1.92% Cu. A Heritage survey was also completed over three days covering all nickel prospective areas in the Duketon North area. Program of Works approvals have been submitted for these three prospects and a number of others and the current advice from DMIRS is that approval may take over 30 business days. RC drilling is continuing. Twenty shallow holes were drilled into the oxide zone above the Rosie resource and a number of holes were drilled at the C2 deposit testing the northern and western extents of the mineralisation. A number of other targets have been tested, once Programme of Works approvals have been granted drilling will continue in the north testing MLEM anomalies and other regional targets. Annuncio • Mar 10
Duketon Mining Limited Announces 2022 Exploration Program Underway at Duketon North Duketon Mining Limited announcedthat a sustained exploration campaign has been initiated in the northern Duketon area withthe commencement of ground EM surveys in the area 20km north of the Rosie and C2deposits. The EM program is designed to confirm a number of pre-existing EM anomalies inpreparation for immediate drill testing and to survey all other areas that historically have hadeither no previous EM surveying, or the surveying has been considered to be ineffective. An RC drill rig has arrived on site and RC drilling is expected to commence this week. Thiswill focus on testing some pre-existing targets, targets generated from the EM surveying andcomplete some extensional drilling and in-fill drilling at Rosie and C2.Drilling will then be continued with the testing of anticipated conductor anomalies generatedfrom the ground surveys and as results are received. Annuncio • Jan 12
Duketon Mining Ltd Announces Final Assay Results of the Full Suite of Platinum Group Elements at the Rosie Nickel Deposit Duketon Mining Ltd. (‘Duketon’ or ‘the Company’) announced final assay results of the full suite of Platinum Group Elements (PGEs) have been received for the two remaining diamond holes drilled at the Rosie Nickel Deposit. An updated Mineral Resource Estimate (MRE) on the Rosie Project has now commenced with updated stope optimisation and cash flow model to follow. Results have been received for the full suite of platinum group elements (PGEs) for previously released drillholes DKDD0028 and DKDD0029. DKDD0028 - 3.32m @ 3.54% Ni 0.38% Cu & 4.85g/t PGEs (5.79% NiEq); DKDD0029 - 9.00m @ 1.05% Ni 0.14% Cu & 1.32g/t PGEs (1.67% NiEq); and Inc. 2.8m @ 2.30% Ni 0.29% Cu & 2.97g/t PGEs (3.67% NiEq). Individual samples up to 11.98g/t PGEs. Both intersections are outside the current indicated resource. An updated mineral resource estimate (MRE) on the Rosie Project has commenced, updated stope optimisation and cash flow model will follow. Annuncio • Dec 09
Western Mines Group Ltd (ASX:WMG) completed the acquisition of Ground covered by tenement application E39/2299 from Duketon Mining Limited (ASX:DKM). Western Mines Group Ltd (ASX:WMG) signed a binding Agreement to acquire Ground covered by tenement application E39/2299 from Duketon Mining Limited (ASX:DKM) for AUD 0.1 million on November 8, 2021. As per the transaction, consideration payable to Duketon will be 0.5 million fully paid ordinary shares in the Company, 0.5 million options over ordinary shares with an exercise price of AUD 0.30 per share, exercisable 2 years from the date of issue and granted a 1% Net Smelter Royalty (NSR) to Duketon Mining Limited. Completion of the acquisition is expected to occur within 35 days or such other date as agreed between the parties.
Western Mines Group Ltd (ASX:WMG) completed the acquisition of Ground covered by tenement application E39/2299 from Duketon Mining Limited (ASX:DKM) on December 9, 2021. Recent Insider Transactions Derivative • Nov 25
MD & Director exercised options to buy AU$95k worth of stock. On the 24th of November, Stuart Fogarty exercised options to buy 246k shares at a strike price of around AU$0.40, costing a total of AU$98k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since December 2020, Stuart has owned 1.55m shares directly. Company insiders have collectively bought AU$620k more than they sold, via options and on-market transactions, in the last 12 months. Annuncio • Nov 24
Duketon Mining Limited Announces Final Assays of the Full Suite of Platinum Group Elements for the Final Five Drillholes in the Upper North Area of Rosie Resource Duketon Mining Ltd. announced final assays of the full suite of Platinum Group Elements (PGEs) for the final five drillholes in the Upper North area of Rosie resource. Full assays are still outstanding for the two deep drillholes from the South-Eastern area. Once all assays are received an updated mineral resource estimate (MRE), stope optimisation and cash flow model will be completed. Results have been received for the full suite of platinum group elements (PGEs) for previously released drillholes DKDD0023 to DKDD0027 (five holes). Fresh Rock Intersections: 4.14m @ 1.18% Ni, 0.36% Cu & 2.17 g/t PGEs (2.31% NiEq). Inc. 1.12m @ 2.73% Ni, 0.45% Cu & 5.64 g/t PGEs (5.45% NiEq). 3.8m @ 1.08% Ni, 0.14% Cu & 1.37 g/t PGEs (1.68% NiEq). Inc. 1.24m @ 2.43% Ni, 0.29% Cu & 3.18 g/t PGEs (3.77% NiEq). 5.15m @ 1.08% Ni, 0.33% Cu & 1.19 g/t PGEs (1.72% NiEq). Inc. 1.75m @ 2.29% Ni, 0.37% Cu & 2.41 g/t PGEs (3.47% NiEq). Oxide Intersection: 6m @ 2.1g/t PGEs 0.82% Ni & 0.33% Cu . Inc. 5.24m @ 2.26g/t PGEs 0.83% Ni & 0.36% Cu. Still awaiting full assays from the two deep drillholes from the South-Eastern area. Once all assays have been received an updated mineral resource estimate (MRE), stope optimisation and cash flow model will be completed. Annuncio • Jun 30
Duketon Mining Ltd Updates on Its Drilling At the Rosie Nickel Project Duketon Mining Ltd. (DKM) announced drilling at the Rosie Nickel Project is progressing well with six drillholes now complete. Mineralisation has been intersected in all drillholes with the most recent drillhole, DKDD0017, intersecting massive, stringer and blebby sulphides over a 6m interval. HIGHLIGHTS: Rosie Project (100% DKM): Hole 6 of the program has intersected 6m of mineralisation including 70cm of massive sulphide, 1.4m of matrix/vein sulphides and 3.9m of disseminated sulphides. Six drillholes now completed at the Rosie Nickel Project. Includes three holes into the oxide material for PGE metallurgical testwork. Mineralisation intersected in all drillholes. Drilling continues. First batch of assays expected in 6-8 weeks. DKDD0013, the second drillhole into the upper north area, intersected 7.8m of 10% blebby sulphides above 3.7m of 30% stringer sulphides on the footwall contact. The three drillholes within the Oxide zone are also complete, these holes were drilled for PGE recovery/metallurgical testwork, and intersected weathered, iron rich oxidised mineralisation. These holes have been cut and sampled and are at the laboratory for PGE analysis prior to recovery testwork. The program at Rosie Nickel Project is designed to increase confidence in mineralisation in the upper north area, test at depth below the south-eastern area (previously known as Nariz) and collect PGE rich oxide material from directly above the sulphide deposit for assay and PGE recovery/metallurgical testwork. These three areas have been identified from the Rosie Nickel Sulphide Scoping Study as having potential upside by either impacting early cash flow or extending the life of mine. Annuncio • Jun 15
Duketon Mining Ltd Provides Drilling Update of its Rosie Nickel Project Duketon Mining Ltd. announced the first drillhole at Rosie Nickel Project, DKDD0012, has intersected a 24m zone of massive, stringer and blebby sulphides. Drillhole DKDD0012 was drilled in the upper north area of Rosie and intersected a 24m zone of mineralisation including a 4.3m zone of massive and stringer nickel-copper sulphides on the footwall contact. The program at Rosie Nickel Project is designed to increase confidence in mineralisation in the upper north area, test at depth below the south-eastern area (previously known as Nariz) and collect PGE rich oxide material from directly above the sulphide deposit for assay and PGE recovery/metallurgical testwork. These three areas have been identified from the Rosie Nickel Sulphide Scoping Study as having potential upside by either impacting early cash flow or extending the life of mine. Annuncio • Jun 10
Duketon Mining Ltd Commences 4,000m Diamond Drill Program At Rosie Duketon Mining Ltd. announced the commencement of a 4,000m diamond drill program at the Rosie Nickel Project. The program is designed to increase confidence in mineralisation in the upper north area, test at depth below the south eastern area (previously known as Nariz) and collect PGE rich oxide material from directly above the sulphide deposit for assay and PGE recovery/metallurgical testwork. These three areas have been identified from the Rosie Nickel Sulphide Scoping Study as having potential upside by either impacting early cash flow or extending the life of mine. Annuncio • Mar 05
Duketon Mining Ltd Announces Update to the Jorc 2012 Indicated and Inferred Mineral Resource Estimate for the Rosie Nickel Deposit in the Duketon Belt, 120Km North of Laverton Duketon Mining Ltd. announced an update to the JORC 2012 Indicated and Inferred Mineral Resource Estimate (MRE) for the Rosie Nickel Deposit in the Duketon Belt, 120km north of Laverton. This update is recalculated using the January spot prices and reflects the increase in commodity prices since the previous resource update . The previous model had used conservative long term forecast price compiled from several publicly available sources. The Indicated and Inferred Mineral Resource Estimate for Rosie of 2.56 million tonnes at 3.14% nickel equivalent is reported in accordance with the 2012 JORC Code. The resource estimate is reported at >1% NiEq. Over 66% of the Resource has been classified as Indicated and the mineralisation is open in all directions. The resource includes a reportable nickel equivalent number based on metallurgical work completed to determine recoveries . It is the opinion of DKM that all the elements included in the metal equivalents calculation have a reasonable potential to be recovered and sold. Is New 90 Day High Low • Jan 22
New 90-day high: AU$0.34 The company is up 38% from its price of AU$0.25 on 23 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 25% over the same period. Is New 90 Day High Low • Jan 06
New 90-day high: AU$0.33 The company is up 38% from its price of AU$0.24 on 08 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: AU$0.31 The company is up 29% from its price of AU$0.24 on 08 September 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 10.0% over the same period. Recent Insider Transactions Derivative • Dec 04
MD & Director exercised options to buy AU$275k worth of stock. On the 30th of November, Stuart Fogarty exercised options to buy 1.00m shares at a strike price of around AU$0.20, costing a total of AU$200k. This transaction amounted to 182% of their direct individual holding at the time of the trade. Since June 2020, Stuart has owned 550.00k shares directly. Company insiders have collectively bought AU$412k more than they sold, via options and on-market transactions, in the last 12 months. Is New 90 Day High Low • Nov 09
New 90-day high: AU$0.28 The company is up 27% from its price of AU$0.23 on 11 August 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 7.0% over the same period.