Harmanis backing Duketon

KERRY Harmanis has dipped into his personal fortune to outlay over A$750,000 buying shares in gold explorer Duketon Mining over the closing months of 2017.

Harmanis backing Duketon Harmanis backing Duketon Harmanis backing Duketon Harmanis backing Duketon Harmanis backing Duketon

Harmanis was yesterday reported to be a 6.3% shareholder in Duketon, which late in December said it had made a “major new discovery at Golden Star” within the Duketon greenstone belt north east of Kalgoorlie.

Golden Star is 25km from the Garden Well mill owned by Regis Resources, with Duketon suggesting the mineralisation’s “proximity to surface and the geometry of the mineralisation bodes well for the future of the project”.

Mineralisation starts about 20m from surface and to date has been shown to be laterally continuous over more than 500m.

Hits reported have included 50m grading 1.6 grams per tonne gold, within which intervals’ of 17m at 3.8gpt and 16m at 2.3gpt were recorded.