StockWatch
·
Precious Metals
Award19 Jun 2026, 01:52 pm

Deccan Gold Mines Wins ASSOCHAM Award for Bhalukona Project

AI Summary

Deccan Gold Mines Limited has received the runner-up award from ASSOCHAM for 'Excellence in Mineral Discovery and Exploration' for its Bhalukona Project in Chhattisgarh. The project has shown significant nickel, copper, and PGE mineralization, with five out of six drill holes intersecting potentially economic deposits. Deccan Gold aims for Bhalukona to become India's first Nickel-Copper-PGE mine, aligning with the nation's critical minerals strategy. The company, a listed entity focused on gold and critical minerals, holds diverse assets globally and aims to be a leading producer.

Key Highlights

  • ASSOCHAM award received for Bhalukona Project's mineral discovery.
  • Project shows potential for Nickel, Copper, and PGE mineralization.
  • Deccan Gold aims to develop India's first Nickel-Copper-PGE mine.
  • Award highlights company's focus on critical minerals.