Announced Fri, 19 Jun · 13:52 IST
Deccan Gold wins ASSOCHAM runner-up award for Bhalukona mineral discovery
Business Updates View source PDF
DECNGOLD · price
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AI summary
Deccan Gold Mines received the ASSOCHAM runner-up award for Excellence in Mineral Discovery and Exploration for its Bhalukona project in Chhattisgarh, which targets nickel, copper and PGE mineralisation. Of six drill holes assayed so far, five intersected potentially economic mineralisation. The company hopes Bhalukona can become India's first nickel-copper-PGE mine, supporting the country's critical minerals ambitions.
Likely market impact
Positive industry recognition for exploration success. Strengthens Bhalukona's credibility but no immediate revenue or production impact.