Duketon Mining (DKM) Corporate presentation summary

Company overview and financials

• Focused on mineral exploration and development in Western Australia, with flagship nickel projects at Rosie and C2 in the North Eastern Goldfields, 350km north of Kalgoorlie.

• Market capitalisation of $14.1M and enterprise value of $1.8M as of October 2024; cash position of ~$12.3M as of June 2024.

• Directors and management hold 61.5% of shares, with Harmanis Holdings and institutional holders owning 18.4% and 9.2% respectively.

• Investments in several ASX-listed resource companies, including Element 25, Black Cat Syndicate, and American West Metals.

Project portfolio and resource highlights

• Holds 100% ownership of multiple projects: Duketon (nickel, copper, PGEs), Barlee (gold, base metals, lithium, REEs), Doris (uranium, REEs), Stephens (base metals), Otways (copper, gold), and Walgoolan (gold, base metals).

• Duketon hosts 102,500t nickel, 14,200t copper, and 255koz PGE in JORC resources; Rosie resource: 2.8Mt @ 3.27% NiEq, C2 resource: 8.1Mt @ 0.57% Ni.

• Barlee project features gold intercepts up to 4m @ 1.8g/t Au and high titanium and iron values; pegmatite outcrops indicate lithium potential.

• Doris project has uranium intersections up to 8m @ 773ppm U3O8 and anomalous REEs; Stephens project shows significant copper, zinc, lead, and silver drill results.

• Otways and Walgoolan are at application stage, targeting copper, gold, lithium, and base metals.

Strategic and operational highlights

• Nickel sulphide endowment exceeds 100kt Ni and 250koz PGE, with saleable nickel concentrate and proven nickel sulphate pathway.

• No offtake agreements or royalties encumber assets, providing flexibility and optionality across multiple commodities.

• Ongoing structural reinterpretation at Rosie and early-stage exploration at Barlee, Doris, and Stephens; external project reviews and land access negotiations for new tenements.

• Cash and liquid assets provide leverage for development and discovery activities.