Duke’s Quorn is looking like a big copper play
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Special Report: The first modern exploration at Duke’s Quorn copper prospect has lent further support to suspicions that it might be bigger and more extensive than Mt Flora.
While the anomalies mapped by the induced polarisation survey are similar to those present at Mt Flora, though they are all larger and stronger at Quorn.
Duke Exploration (ASX:DEX) says this is interpreted as being due to more extensive and well mineralised sulphide vein systems.
Of particular note is the southern sectional anomaly, which is the largest and most depth-extensive conductivity anomaly mapped at the broader Bunderra project in Queensland.
This has been marked as an immediate new high priority target for follow-up higher resolution geophysical surveys and potential drill testing.
Reverse circulation drilling is ongoing at Mt Flora while the company is currently sourcing a second rig to fast-track resource and exploration drilling over Mt Flora, Quorn and the Quarry prospects.
“The results from the geophysical survey are better than expected and continue to confirm our belief that we are exploring a very large mineral system at Bundarra where new discoveries will continue to be made into the future,” chairman Toko Kapea said.
“We suspected the mineral system in the Quorn area might be bigger and more extensive than at Mt Flora and the gradient array IP survey has confirmed this.
“The new information at Quorn will accelerate our plans to start drilling there early in 2021.”
Duke is completing the first phase of drilling at Mt Flora before starting infill drilling that is guided by results from the earlier work.
It will also complete soil and geophysics surveys at Quorn to allow planning of a drilling program.
Additionally, work is underway to finalise land access and drill planning at the Prairie Creek gold target.
This article was developed in collaboration with Duke Exploration, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.