Duketon Mining Limited provided an exploration update on the Duketon North area. The first phase of Moving Loop Electromagnetic (MLEM) has been completed and a number of anomalies have been identified. The MLEM survey covered Kendal, Cambridge, Albany and Camp Oven Prospects.

A total of 48-line kilometres on 200-400m spaced lines, covering 17km2 were completed. First order anomalies have been identified at Cambridge, Albany and Camp Oven. The anomalies at Camp Oven are on the northern most line of the Phase 1 program and remain open to the north.

The second phase of MLEM will cover the area north of Camp Oven up to Dover and will commence once an EM crew is sourced. Two discreet mid time anomalies have been identified at Cambridge. They are both located on the eastern edge of the ultramafic.

There is no historic drilling in the area. Historic auger geochemistry highlights the ultramafic package with plus 1000ppm Ni and plus 100ppm Cu. At Albany a strong, late time anomaly is modelled at 2000 Siemens.

The area has a thin layer of transported cover and there is no surface geochemistry. Historic drilling over the top of the anomaly was only assayed for gold but logging has recorded ultramafic within the drillholes and recent inspection of drill spoils has identified a sheared ultramafic 200m to the west. At Camp Oven two mid to late time anomalies were detected on the last line of the survey.

One along the eastern edge of the ultramafic, the other just off the western edge. Anomalous rock chip geochemistry nearby is up to 0.86% Ni and 1.92% Cu. A Heritage survey was also completed over three days covering all nickel prospective areas in the Duketon North area.

Program of Works approvals have been submitted for these three prospects and a number of others and the current advice from DMIRS is that approval may take over 30 business days. RC drilling is continuing. Twenty shallow holes were drilled into the oxide zone above the Rosie resource and a number of holes were drilled at the C2 deposit testing the northern and western extents of the mineralisation.

A number of other targets have been tested, once Programme of Works approvals have been granted drilling will continue in the north testing MLEM anomalies and other regional targets.