New IP survey results have exceeded expectations at Duke Exploration’s Bundarra copper project, where it is bringing on a second drill rig to fast-track exploration.
Conductive anomalies mapped at the Quorn prospect have proved larger and stronger than those at Mount Flora, also within the Central Queensland project area, the company says.
“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 Mount 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.”
He was commenting after three IP (induced polarisation) gradient arrays and one sectional pole-dipole IP survey were completed at Quorn, 10km to the west of Mount Flora.
Reverse circulation drilling is continuing at Mount Flora, with 20 holes completed for 3419m drilled and 2496 samples submitted for analysis.
Duke plans 43 holes for 7040 m planned in the Phase One drilling campaign.
The company said it was sourcing a second rig to fast-track resource and exploration drilling over the Mount Flora, Quorn and Quarry prospects at Bundarra.
Duke has two applications for exploration permits in progress (the Duania application and Waitara application) to extend the area of the Bundarra project.