Project
Duke Exploration (ASX:DEX) has commenced exploration diamond drilling at the Prairie Creek Gold Project in Central Queensland.
The company is targeting a 1.6 km long 200m wide NE trending gold soil anomaly (0.5 – 5.0 g/t Au). A zone of outcropping epithermal veining with visible gold is associated with the soil anomaly, which has historic drill results, including 52m @ 2.11g/t Au including 10m @ 3.2g/t Au and 6m @ 6.55g/t Au.
- Three diamond drill holes for a total of 350 m have been planned to confirm the historic drill results and better understand the geology controlling the gold mineralisation at Prairie Creek. The planned holes are spaced 40m apart and will target a 120m wide zone of surface gold mineralisation on top of the ridge at the Prairie Creek Prospect.
- The diamond drill rig has been mobilised to site and drilling started on Saturday 31 July 2021.
- The main aims of the drilling are to test historic drill hole results, collect petrophysical downhole survey data on all diamond holes, review and categorise the relevant rock classes present downhole, review orientations of structures and mineralisation downhole and review and interpret the controls on gold mineralisation.
- The drilling is planned to be completed by the end of August, with assay results available from mid-September. This programme will be followed by grid exploration RC drilling along the gold soil anomaly constrained by the interpreted geometry and control on the gold mineralisation derived from the logging and analysis of the diamond drilling.
“It is exciting to add the gold potential at Prairie Creek to our active exploration programme while the drilling at Bundarra is on a short pause to allow maintenance to be carried out on the RC drill rig,” Managing Director, Philip Condon, said.
“Given the historic results at Prairie Creek, we are confident that the drilling will provide us with the geological information to better assess the gold resource development potential at the Prairie Creek Project and the best way to develop it.
“Regional exploration is continuing at the Bundarra Project, with the aim to collect pXRF soil samples over the entire area of the Bundarra pluton starting with its prospective approx. 50 km contact zone, in the next three months.
“From the soil results to date we are confident this will allow us to optimise how we prioritise the next targets for resource development, including the new mineralisation discovered 300m to the north of Mt Flora.”
Future Work Programme
• Start extension RC resource drilling at Mt Flora and the Quarry Anomaly to test the new mineralisation discovered to the north, aiming to update and increase the Mt Flora resource by the end of the year,
• Continue accelerated pXRF soil sampling, to be completed by the end of the year, to sample the entire Bundarra Pluton to help prioritise resource development work,
• Start exploration diamond drilling to collect geological data to help prioritise resource development work of the anomalies around Absolon, Quorn and Rogers,
• Start development RC drilling to determine the highest priority target for resource development drilling,
• Complete drilling of the Prairie Creek gold target.
For further information please visit: https://duke-exploration.com.au/
