Duketon Mining Ltd · ASX:DKM
Duketon Mining — Diggers and Dealers 2016
19 slides from Duketon Mining's conference presentation, August 2016
Slide 1: Diggers and Dealers Presentation
DIGGERS AND DEALERS PRESENTATION August 2016 Drilling for gold in the well endowed Duketon Belt - 100% and in Joint Venture with Regis Resources www.duketonmining.com.au Duketon Mining Limited |
Slide 2: Cautionary Statement
Cautionary Statement This presentation has been prepared by Duketon Mining Limited(“Duketon”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though Duketon has no
Slide 3: Corporate Overview
Corporate Overview Duketon Mining Limited ASX: DKM Share Price Chart (Last 12 Months) Shares on Issue 82.5m Options on Issue1 38.6m Market Cap. @ 25.5c $21m Cash + Listed Investments (Jun 16) $5.0m Enterprise Value $16m 1. Volume weighted exercise price of 25.5 cents and volume weighted time to expi
Slide 4: More Gold Will Be Found in the Duketon Belt
More Gold Will Be Found in the Duketon Belt The Duketon Belt is highly prospective……….. Duketon Mining is following the Regis Resources (ASX: RRL) success story…….. REGIS RESOURCES IN 2016 Regis Resources Mkt Cap ~$2bn Au Resource (Duketon Belt) Circa 5.8Moz Operating Mines (Duketon Belt) 3 Au Produ
Slide 5: Timeline – Very Active
Timeline – Very Active DKM 100% Davies Bore Lancefield Nth Golden Star Bandya? Henrys Bore Murphy Hills Hootanui? Aug Sep Oct Nov Dec 2017 Petra Nth #2 Commonwealth Hacks Bore Hacks Bore #2 Other Geochem Joint Venture Lots of drilling in the next 6-12 mths! 5 Duketon Mining Limited |
Slide 6: Tenements
Tenements Multiple Projects Regional work by DKM in 2015 identified the Western Belt to be a direct analogue for the southern Laverton Belt (e.g. Wallaby, Sunrise etc) Commissioned independent targeting Generated multiple regional targets +15 and counting 6 Duketon Mining Limited |
Slide 7: Davies Bore
Davies Bore 1.2 km Long Anomaly 5 lines 200 - 500m apart 12m @ 0.9g/t Au (BOH) Inc. 3m @ 2.7g/t Au 25m @ 0.7g/t Au (BOH) Inc. 9m @ 1.6g/t Au 16m @ 1.5 g/t Au Inc. 4m @ 5.2 g/t Au Fresh, altn, qtz, suls Felsic and mafic package 2nd Drill program completed 7 Duketon Mining Limited |
Slide 8: Henry's Bore South
Henry’s Bore South Ore Grade Intersection DR467 12m @ 2.1 g/t Au (Historic Drilling) Targeting the intersection of DR470 32m @ 0.4 g/t Au (Historic Drilling) two geochemical trends Broad Au + As anomaly in DR456 historic drilling 5m @ 13.1g/t Au (BOH) 34m @ 0.4 g/t Au (Historic Drilling) 4m @
Slide 9: Lancefield North
Lancefield North Historical Project Last drilled in the 1984 - 90 5km north of 1Moz Lancefield Mine Laverton Tectonic Zone 3.5km strike of prospective sequence RAB, RC and 2 x Diamond Holes 8m @ 11.01g/t Au, 8m @ 4.41g/t Au, 8m @ 4.02g/t Au & 1m @ 7.03g/t Au, 4m @ 4.25 g/t Au, 2m
Slide 10: Murphy Hills
Murphy Hills +2km long gold trend Multiple wide zones of gold 4m @ 4.6 g/t Au 4m @ 2.0 g/t Au 2m @ 3.4 g/t Au 2m @ 3.1 g/t Au +1g/t hits and broad low grade gold everywhere Drill ready! 10 Duketon Mining Limited |
Slide 11: Murphy Hills
Murphy Hills TOFR 11 Duketon Mining Limited |
Slide 12: Golden Star/ One Weight Wonder
Golden Star/ One Weight Wonder Tenement Granted in July ‘16 GS Historical Intersections 44m @ 1.0g/t Au Incl. 14m @ 2.7g/t Au 4m @ 7.2g/t Au 6m @ 2.5 g/t Au 2m @ 5.1 g/t Au OWW (1.5km strike) 4m @ 1.7g/t Au (RAB) 12m @ 1.1g/t Au (RAB) GS = redrill OWW = AC drill 12 Duketon Mining Limit
Slide 13: RRL JV - Multiple Soil Anomalies + Drilling
RRL JV - Multiple Soil Anomalies + Drilling Significant Anomaly Commonwealth • 3km x 300m • >75 ppb Au • Core of + 250 ppb Au • 2 samples + 1g/t Au • 9,516 lag samples • 400m x 100m • Numerous +75 ppb Au Infill sampling underway, drilling? 13 Duketon Mining Limited |
Slide 14: RRL JV – Nth Petra
RRL JV – Nth Petra Extension of Petra Resource Results include; 3m @ 8.77 g/t Au from 21m 2m @ 7.00 g/t Au from 30m 4m @ 6.00 g/t Au from 56m 4m @ 2.66 g/t Au from 40m 4m @ 2.49 g/t Au from 46m 1m @ 8.56 g/t Au from 54m 1m @ 8.08 g/t Au from 69m 1m @ 4.48 g/t Au from 44m 27 interse
Slide 15: RRL JV – Hacks Bore
RRL JV – Hacks Bore Garden Well Analogue under transported cover (paleochannel). lag geochemical support at the edge of the paleochannel. 5km along strike from multi-million ounce Garden Well Mine. within the main north south structural corridor that hosts Garden Well, Moolart Well, and Tooh
Slide 16: Timeline – Very Active
Timeline – Very Active DKM 100% Davies Bore Lancefield Nth Golden Star Bandya? Henrys Bore Murphy Hills Hootanui? Aug Sep Oct Nov Dec 2017 Petra Nth #2 Commonwealth Hacks Bore Hacks Bore #2 Other Geochem Joint Venture Lots of drilling in the next 6-12 mths! 16 Duketon Mining Limited |
Slide 17: Budget Vs. Accelerated Plan
Budget Vs. Accelerated Plan Expedited plan to bring success forward Current spend rate circa $2M per annum Rate limiting step is cash not projects Multiple opportunities in the gold portfolio (and growing) Accelerated plan would bring growth forward Refer to RRL growth story Significant
Slide 18: Investment Highlights
Investment Highlights Pillars to Add Value: 1. Gold exploration DRILLING CONTINUES 2. Regis spending on Gold Joint Venture DRILLING CONTINUES 3. Expand existing nickel resources ON HOLD 4. Discover new nickel deposits – ON HOLD Cash (+ liquids) balance of ~$5.0 million end of June ‘16 Q
Slide 19: Contact Details
Contact Details Duketon Mining Ltd. Head Office Phone +61 8 6315 1490 Ground Floor, 31 Ventnor Fax +61 8 9486 7093 Avenue, West Perth Web: www.duketonmining.com.au Western Australia 6005 Duketon Mining Limited | 19