Deccan Gold receives exploration award from ASSOCHAM

Deccan Gold Mines Limited ("Deccan Gold") has received runner-up in the Associated Chambers of Commerce & Industry of India ("ASSOCHAM") awards category of "Excellence in Mineral Discovery and Exploration" for our discovery of nickel, copper and PGE mineralisation at our Bhalukona Project, Chhattisgarh.

Deccan Gold has received assay results for six holes in the programme to date of which five drill holes intersected potentially economic Ni-Cu-PGE mineralisation. Subject to continued exploration success, Deccan Gold is hopeful Bhalukona can evolve into India's first NickelCopper-PGE mine and contribute meaningfully to the country's critical minerals ambitions.

Shares of DECCAN GOLD MINES LTD. was last trading in BSE at Rs. 215.80 as compared to the previous close of Rs. 197.50. The total number of shares traded during the day was 1258716 in over 11019 trades.

The stock hit an intraday high of Rs. 221.30 and intraday low of 197.55. The net turnover during the day was Rs. 269980225.00.

Source : Equity Bulls

Keywords

DECCANGOLDMINES INE945F01025 Award ASSOCHAM