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Duketon Mining Limited (ASX:DKM)

ALERT: Price-sensitive ASX Announcement for DKM
Current share price for DKM : $0.080 -0.03 (-27.27%)+
Release
23 Jul 2026 8:19AM
Price at Release
$0.110
Full Release
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Summary
The Duketon Mining Limited June 2026 quarterly report highlights significant activities in various projects. The Barlee Project completed its maiden drilling program with notable gold findings. The Walgoolan Project received a tenement grant, focusing on base metals and gold. An option to acquire the Killarney Gold Project was exercised. Financially, the company reported $7.5M in cash and $1.5M in shareholdings by the end of June. The net cash used in operations was $1.238M, while investing activities yielded $1.361M. Financing activities saw a net cash outflow of $11,000, with an estimated 6.1 quarters of funding available.
Key Points
  • Barlee Project completed a maiden drill program with significant gold intercepts.
  • Walgoolan Project's tenement E77/3129 was granted, targeting base metals and gold.
  • Killarney Gold Project acquisition option was exercised.
  • Cash and shareholdings at 30 June 2026 include $7.5M in cash and $1.5M in shareholdings.
  • Net cash used in operating activities for the current quarter was $1,238,000.
  • Net cash flow from investing activities was $1,361,000.
  • Net cash used in financing activities was $11,000.
  • The company has estimated quarters of funding available for 6.1 quarters.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.