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Duketon Mining Ltd ( (AU:DKM) ) just unveiled an update.
Duketon Mining Limited has announced an Option Agreement to acquire the Boodanoo Gold Project, located near Mount Magnet in Western Australia. This project, which has shown a 2km long gold anomaly from previous soil sampling, aligns with Duketon’s strategy to enhance its exploration portfolio. The company plans to conduct further exploration activities, including geochemical sampling and mapping, with the intent to drill test the anomaly. The acquisition could potentially strengthen Duketon’s position in the gold exploration industry and offer additional opportunities for its shareholders.
More about Duketon Mining Ltd
Duketon Mining Limited is a company engaged in the mining industry, focusing primarily on gold exploration projects. The company is actively expanding its portfolio in Western Australia, aiming to acquire low-cost projects that can be quickly advanced through exploration.
Average Trading Volume: 192,375
Technical Sentiment Signal: Buy
Current Market Cap: A$20.84M
For a thorough assessment of DKM stock, go to TipRanks’ Stock Analysis page.