Media Coverage

    Proactive Investors - Duke Exploration demonstrates high grade, high percentage copper recoveries at Bundarra  

Duke Exploration Ltd (ASX:DEX)’s Phillip Condon speaks with Proactive’s Elisha Newell about excellent results at Bundarra which demonstrate high grade, high percentage copper recoveries. Duke’s managing director explains the metallurgical test work on copper mineralisation from the Bundarra Project in Queensland, which produced a copper concentrate of more than 25% purity with recoveries in excess of 92%. Condon also explains that ore sorting tests increased copper feed grades by 174%, resulting in a 97.3% copper recovery rate. As Duke looks to move onto the next phase of testing, including other resource targets, future work will explore further improvement and refinement of these results.

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    Proactive Investors - Duke Exploration buoyed by Bundarra structural analysis and new copper hits  

Duke Exploration Ltd (ASX:DEX)'s Philip Condon updates viewers on activity at the company's flagship Bundarra Copper Project, where a recent structural analysis confirmed the company's exploration strategy. Over the last week, Duke announced preliminary copper results from a reverse circulation drilling campaign, as well as “highly anomalous” hits at the Quorn target. Condon says the explorer is honing in on copper targets that could one day boost Bundarra's resource base, including three new areas in the Bundarra Intrusive Complex (BIC)'s southwest region.

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    Proactive Investors - Duke Exploration hones in on Bundarra copper thanks to new report  

Duke Exploration Ltd (ASX:DEX) 's Philip Condon says the company has strengthened its understanding of the Bundarra Copper Project in Queensland thanks to a geophysical report. Condon says Duke’s plan was to combine the report with previous diamond and reverse circulation drilling to refine the explorer’s copper targeting strategies. The report’s interpretation is being integrated with the company’s exploration program, where a number of zones of interest will be validated and ground-checked for possible copper and copper-gold mineralisation.

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    Proactive Investors - Duke Exploration hits broad copper zones amid diamond drilling at Bundarra  

Duke Exploration Ltd (ASX:DEX)'s Philip Condon speaks to the latest assays out of two diamond drill holes at its flagship Bundarra copper project in central Queensland. The two holes have intersected broad copper zones at the asset, traced in two distinct mineralisation styles. Condon says it's still early days, but the results indicate there are an exciting few months shaping up at Bundarra.

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    Proactive Investors - Duke Exploration kicks off major RC program at Bundarra copper project  

Duke Exploration Ltd (ASX:DEX)'s Philip Condon joined Andrew Scott advising they've begun a major reverse circulation drilling program at its flagship Bundarra project. Up to 11,600 metres in 46 RC drill holes is planned to be drilled over about three to four months in the initial phase of the program.

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    Proactive Investors - Duke Exploration confident of copper mineralisation at Bundarra as it prepares RC drill campaign  

Duke Exploration Ltd (ASX:DEX) Philip Condon speaks with Andrew Scott on the back of a busy fourth quarter for the explorer. The company's almost completed a five hole diamond drill campaign at its flagship copper project Bundarra. He says the focus now is on primary target identification, test drilling and pattern drilling for scale estimation with the RC rig starting this month.

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    Proactive Investors - Duke Exploration releases historic airborne modelling that expands prospects at Bundarra Project  

Duke Exploration Ltd (ASX:DEX) Managing Director Philip Condon joined Steve Darling from Proactive to share news the company has announced some new modelling of historical airborne EM data was completed. A total of 39 kilometres of linear conductive trends were identified through this targeting analysis from which 19 kilometres were associated with anomalous copper in soil. Condon also told Proactive with this data in hand the company is planning detailed ground checking and geological mapping in the vicinity of priority targets. They are also looking to diamond drill test the best conductivity anomalies and also do some further diamond drilling in Quorn area.

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    Proactive Investors - Duke Exploration reports four new discoveries at Bundarra copper project  

Duke Exploration Ltd (ASX:DEX)'s Philip Condon says they've increased its prospective exploration targets at the Bundarra copper project in North Queensland to 10 after four more highly anomalous exploration areas were identified during a soil sampling program. The Bundarra copper project is the company’s flagship asset which includes the Mt Flora deposit which has a maiden inferred mineral resource estimate of 6 million tonnes at an average grade of 0.5% copper and 6.9 parts per million silver for 78,000 tonnes of copper and 3.6 million ounces of silver.

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    Proactive Investors - Duke Exploration to kick off diamond drilling at flagship Bundarra copper project  

Duke Exploration Ltd (ASX:DEX)'s Philip Condon discusses with Proactive highly prospective assay results and near-term exploration plans for its flagship Bundarra copper project. Duke holds tenements in Queensland and NSW where it is exploring gold, silver and copper mineralisation.

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    Proactive Investors - Duke Exploration is hunting for copper in a worldclass coal district  

At the heart of a prolific coalfield, there's a company looking for copper.

Duke Exploration Ltd (ASX:DEX) is no stranger to Queensland's Bowen Basin,
but its search for base metal mineralisation could surprise some investors.

It might be relatively new to the ASX, but this materials stock is determined to
unlock the region's copper potential.

And historical data from its flagship Bundarra Project nods to a shallow, large
and growing copper system that could be a company-maker.

With a recent capital raise under its belt, Duke is searching in all directions at
the Bundarra property, adopting a comprehensive approach as it refines its
development strategy.

Managing director Philip Condon sat down with Proactive to discuss what's
next for this Queensland-focused explorer.

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    MD Interview with Morgans Financial  

Morgans Interview with our MD, Philip Condon at the  Noosa Mining & Exploration Conference 2021

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    Duke Exploration delivers maiden inferred copper-silver resource for Mt Flora  

Duke has announced a maiden inferred mineral resource estimate for the Mt Flora copper-silver deposit within its flagship Bundarra project in central Queensland.

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    Duke raises $8m as drilling intersects visible copper at Quorn  

Domestic and international investors are backing Duke and its string of copper exploration success by subscribing for a $8m share placement.

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    Duke’s Quorn copper prospect could be five times bigger than Mt Flora  

Induced polarisation work has indicated that Duke’s Quorn copper prospect in Queensland could be much larger than its already sizeable Mt Flora project.

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    Duke Exploration’s newest target within Bundarra copper project could be larger than Mt Flora  

Recently-completed geophysical work at the Quorn prospect within Duke Exploration’s (ASX: DEX) high-priority Bundarra copper project in central Queensland suggests it could be up to five times larger than the nearby Mt Flora target.

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    Maiden resource at Duke’s Mt Flora could be monstrously big  

Duke’s upcoming resource estimate for its Mt Flora project could exceed expectations after drilling quadrupled the width of the mineralised area.

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    New assays increase Duke Exploration’s confidence in Mt Flora copper-silver-gold resource potential  

Duke Exploration (ASX: DEX) is confident a new round of assays from reverse circulation drilling at its high-priority Mt Flora prospect within the Bundarra copper project area in central Queensland will build on the yet-to-be-released maiden resource estimate.

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    Duke Exploration (ASX:DEX) intersects visible copper at Mt Flora  

Duke Exploration (DEX) has intersected visible copper mineralisation at the Mt Flora deposit which is part of the Bundarra Project in Queensland. The company has almost completed the first phase of resource reverse circulation (RC) drilling. A total of 46 holes have been completed since the RC program started and 7750 samples have been sent for assaying — 4750 of which have been received.

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    Duke Exploration expands Queensland copper potential with grant of Waitara tenement  

Duke Exploration’s (ASX: DEX) copper exposure in central Queensland has expanded with the grant of exploration permit EPM 27609, which covers the Waitara copper and silver porphyry prospect.

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    Duke Exploration reports visible copper at historic Mt Flora mine site  

Duke Exploration (ASX: DEX) has reported that the first drill hole targeting an electromagnetic plate at its Mt Flora prospect in Queensland has successfully intersected visible copper mineralisation in stacked veins.

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    Duke's Mt Flora is looking like a big copper/silver play  

Duke has once again doubled the mineralised area at the Mt Flora project after drilling of a VTEM plate anomaly to the north intersected visible copper sulphides.

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    Duke Exploration doubles copper-silver mineralised area at Mt Flora prospect  

Assays from resource drilling at the high priority Mt Flora prospect within the Bundarra copper project area in central Queensland have doubled the areas of copper and silver mineralisation for owner Duke Exploration (ASX: DEX).

The company confirmed today that results had been received from the first complete line of a post-Christmas reverse circulation program comprising 34 holes for a total 6,271m from a budget of 43 holes for 7040m.

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    Duke doubles copper, silver mineralised area at Mt Flora  

There appears to be far more copper and silver at Duke’s Mt Flora with the initial assays from the ongoing resource drilling more than doubling the mineralised area.

Notably, assay results from the first completed line of drilling has also confirmed the company’s initial interpretation based on historical data.

Significant results are 6m grading 1.39 per cent copper, 29.4 grams per tonne (g/t) silver and 0.03g/t gold from a depth of 51m at the Mt Flora underground mine lode, 3m at 2.71 per cent copper, 11.9g/t silver and 0.32g/t gold from 100m and 8m at 2.99 per cent copper, 69g/t silver and 0.24g/t gold from 61m.

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    Duke hits high grade copper, silver in first ever drilling at Quarry anomaly  

Special Report: Maiden drilling at Duke Exploration’s (ASX:DEX) Quarry discovery hits “better than expected” shallow intersections like 7m at 3.85 per cent copper, 58.2 g/t silver and 0.1 g/t gold.

Duke’s Bundarra project in Queensland is dotted with ~50 historic high-grade copper, silver and gold workings.

The mineralisation around the Bundarra ‘pluton’ (the magma chamber of an extinct volcano) is classed as a lode-style porphyry mineral system, which Duke says, “can form significant tier-one deposits”.

Mt Flora, Australia’s highest-grade copper mine in the 1800s, is an early stage target.

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    Duke Exploration identifies ‘extensive’ anomalies at Quorn within Bundarra copper-silver-gold project  

Recent ASX debutant Duke Exploration’s (ASX: DEX) preliminary exploration at Quorn has been more successful than the company anticipated with an induced polarisation survey identifying “extensive” anomalies at the central Queensland project.

According to Duke, the gradient array induced polarisation survey at Quorn was the first modern exploration at the site.
Duke chairman Toko Kapea said the IP survey results were “better than expected” and confirm the company’s theory that it is exploring a “very large mineral system” at the wider Bundarra project.

The company is replicating the exploration strategy it is pursuing at the Mt Flora prospect which is 10km away and where resource drilling is underway.

With the IP results, Mr Kapea said it had confirmed the company’s suspicions the Quorn mineral system is bigger than Mt Flora. The anomalies at Quorn are larger and stronger, which Duke has interpreted being a result of larger and well-mineralised sulphide vein systems.

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    Duke’s Quorn is looking like a big copper play  

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.

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    Duke is drilling a copper giant ‘hidden in plain sight’  

Special Report: What’s so exciting about Duke Exploration’s Bundarra copper project? Answer: It could be a very large deposit

Duke Exploration (ASX:DEX) has gained a very impressive 92 per cent since listing on the ASX mid-November.

Investors that poured into the oversubscribed $8m IPO knew Duke’s management team from the (re)discovery of the ~675,000oz Tampia gold deposit in WA.

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    Duke Exploration’s drilling increases Mt Flora project’s potential  

Special Report: ASX newcomer Duke Exploration has doubled the length of known copper mineralisation for its Mt Flora prospect in down dip drilling at its main Queensland project.
Weeks after arriving on the ASX through its oversubscribed $8m IPO, Duke Exploration (ASX:DEX) has announced some early stage drilling hits for Mt Flora, a historic copper mine within its agship Bundarra tenement in Queensland.

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    Duke Exploration intersects visible copper mineralisation during Bundarra drilling  

Duke Exploration (ASX: DEX) has confirmed that all holes drilled to date at the Mt Flora prospect within the high-priority Bundarra copper project area in central Queensland have intersected visible copper mineralisation.
A program of pattern reverse circulation drilling has seen 15 holes completed so far for a total 2,309m. 

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    Duke soars on ASX launch as investors tune in to hi-tech copper, gold and silver hunting  

Special Report: Newly listed Duke Exploration (ASX:DEX) – which uses advanced tech, data analysis, and geophysical techniques to increase the chance of a big discovery – gained 8 per cent on its first day on the ASX.

The $8m raised in Duke’s oversubscribed IPO will be used to explore for large tonnage copper, gold and silver deposits at its flagship Bundarra project in central Queensland.

This project sits on a large geological feature called the ‘Bundarra Pluton’…

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    Duke delivers debut discovery  

COPPER-focused Duke Exploration launched itself on the ASX this morning with a discovery, following a successful initial public offer.

Duke started its post-float life as a public company with A$8 million from its fully-subscribed IPO and drilling results that could have big implications for the size of the prize at its flagship

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    Duke Exploration raises $8m in IPO for Australian copper, gold projects  
  • Copper, silver and gold explorer Duke Exploraon raises $8m from oversubscribed IPO ‘Game-changing targeng methods and big data analysis…used to improve the probability of resource discovery’
  • China’s Belt and Road Iniave to propel copper demand 22 per cent higher by 2027.

NSW and Queensland copper, silver and gold explorer Duke Exploraon (ASX:DEX) starts trading on the ASX tomorrow after raising $8m in capital through an IPO that closed in mid-October.

Duke Exploration is a data-focused company that uses advanced technology, data analysis, and geophysical techniques to improve the probability of resource discovery.

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    Duke Exploration closes $8m IPO, drilling already underway at Bundarra copper project  

Upcoming ASX debutant Duke Exploration (ASX: DEX) is looking to list this week, with drilling already underway at its flagship Bundarra copper, silver and gold project near Mackay in Queensland.

Duke revealed its $8 million IPO had successfully closed with an ASX listing scheduled for Tuesday 10 November.

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    Duke Exploration launches IPO with goal to be ‘smarter’ in finding opportunities  

Copper-gold focused Duke Exploration is the latest initial public offering (IPO) to come to market based on brownfield projects with long histories.

With projects inland from Mackay and near Rockhampton in Queensland, and in New South Wales, the company — which will trade under the ticker ‘DEX’ — is seeking to raise $8 million by issuing 32 million new shares at $0.25 each.

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    Duke seeking to raise tier one targets in eastern Australia  

Duke is seeking to raise A$8 million at 25c per share to fund two years of exploration, with around $5.

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    Are You Positioned for a Copper Price Explosion?  

Matt Badiali, an independent financial analyst,  presents the investment case for copper.

Copper will be the next metal to break out in 2020, and it’s all about demand.

The price of copper just broke through $3.00 per pound. The red metal’s price rose 45% so far in 2020. But that is still well below its 2011 high of $4.50 per pound.

That could change in the second half of this year…

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    Copper company bound for ASX  

“QUEENSLAND base metals explorer Duke Exploration is aiming to list on the ASX in late September.

The company holds 100% of the Bundarra porphry copper-silver-gold project in Queensland, 91% of the Prairie Creek epithermal gold project in Queensland, 100% of the Red Hill conceptual gold and copper porphry project in New South Wales’ Lachlan Fold Belt, and a 10% free-carried interest in subsidiary of Emmerson Resources.”

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    Gold explorer Duke Resources readies IPO prospectus  

“And the next in the queue is gold and copper explorer and developer Duke Exploration, which is preparing to lodge a prospectus in August and list on the ASX in September.

Street Talk understands Duke will seek to raise up to $10 million to finance mineral exploration activities in New South Wales and Queensland.

The company owns six gold, silver and copper-focused tenements and plans to start drilling activities as soon as the listing is out of the way. It has undertaken an electromagnetic survey at some of the tenements, with results due to land at the end of July.

The company has tapped stockbroker Morgans for the IPO, as well as Brisbane-based GRT Lawyers.

It is understood Morgans planned to book investor clients for a roadshow in the next few weeks, to introduce them to Duke’s management.

Meanwhile, the company was gearing up to present on the last day of the three day Noosa Mining conference, which starts on Wednesday and will see a who’s who of the local small cap resources world front investors, virtually of course.”

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