Duketon Mining (DKM) Q4 2026 TU earnings summary

Executive summary

• Completed maiden 6,000m drill program at Barlee Project with 28 RC and 69 aircore holes across eight prospects, yielding significant gold intercepts at Gromit, Astro, and Odie prospects.

• Option exercised to acquire 100% of the Killarney Gold Project, expanding gold exploration portfolio.

• Walgoolan tenement granted, prospective for base metals and gold, with historical drilling confirming multi-metal mineralisation.

• Duketon Nickel Project maintains substantial resources at Rosie and C2 deposits, with mineralisation open in all directions.

Financial highlights

• Cash and shareholdings at 30 June 2026 totaled $9.0M, with $7.5M in cash and $1.5M in listed equity investments.

• Quarterly exploration and evaluation expenditure was $1.05M.

• Net cash used in operating activities for the quarter was $1.24M.

• Estimated quarters of funding available is 6.1, indicating strong liquidity.

Outlook and guidance

• Strategy focuses on advancing exploration on current tenure, opportunistic acquisition of new tenure, and expanding nickel resources through further studies and extensions.