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Duketon Mining Ltd ( (AU:DKM) ) has shared an update.
Duketon Mining has commenced its inaugural reverse circulation drilling program at the Boodanoo Gold Project in Western Australia, targeting extensive soil gold anomalies that extend over roughly two kilometres of strike. The 1,000-metre, 20-hole campaign aims to test the highest-grade zones, with assay results expected within four to six weeks of program completion, and the rig scheduled to move on to the company’s Barlee Project afterward.
The company also announced a board reshuffle, with Non-Executive Director Heath Hellewell stepping down and experienced mining executive Richard Bevan joining as a director. The board expects Bevan’s track record leading and chairing listed resource companies to add strategic and technical depth as Duketon advances its exploration portfolio.
The most recent analyst rating on (AU:DKM) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Duketon Mining Ltd stock, see the AU:DKM Stock Forecast page.
More about Duketon Mining Ltd
Duketon Mining Limited is an Australian exploration company focused on gold projects in Western Australia. The company advances early-stage assets through geochemical sampling and drilling, targeting anomalies in underexplored greenstone belts near existing gold operations.
Average Trading Volume: 97,529
Technical Sentiment Signal: Sell
Current Market Cap: A$17.77M
For detailed information about DKM stock, go to TipRanks’ Stock Analysis page.