Project Update31 May 2026, 10:00 pm
Deccan Gold Identifies Wide Ni-Cu-PGE Corridor at Bhalukona
AI Summary
Deccan Gold Mines Ltd has identified a 100+m wide corridor along 430m strike length at its Bhalukona Ni-Cu-PGE Project in Chhattisgarh, with drilling results confirming multiple zones of potentially economic nickel, copper, and palladium mineralization. The company has completed 1500m of core drilling in 9 holes, with assay results pending for the next holes. The best results include 15m @ 0.15% Ni, 0.1% Cu, 0.33g/t Pd from 32m and 0.7m @ 0.57% Ni, 0.72% Cu, 0.84g/t Pd from 56.7m in hole BJD-02.
Key Highlights
- Deccan Gold confirms a 100+m wide Ni-Cu-PGE corridor at Bhalukona project.
- Drilling identifies multiple zones of economic nickel, copper, and palladium.
- Best drill results include 15m @ 0.31% Ni_Eq and 0.7m @ 1.29% Ni_Eq.
- Company has completed 1500m of drilling; further results are pending.
- Exploration activities are accelerating to define a mineable resource.