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Dundas strike more success at Central

21 November 2022 10:43

Dundas Minerals have completed the third diamond hole at its Central exploration target, again intersecting sulphides and vein pyrite associated with quartz in Western Australia’s Albany-Fraser Orogen.

It logs another success as the explorer moves on a nickel, copper and gold discovery in the prospective region, targeting mineralisation similar to the nearby and highly productive Nova-Bollinger nickel-copper-cobalt deposit.

The company have fast tracked exploration at its Central and Matilda South prospects, receiving both capital commitments and co-funding from Western Australia’s Exploration Incentive Scheme.

The company said it had continued to be encouraged by visual results from the program.

“In addition to the anomalous geochemistry returned from the assays of hole 22CEWB003. Sulphides were again encountered in hole 3, not as pervasive as in hole 1, but another positive drill hole,” managing director Shane Volk said.

“The current drill program is yet to satisfactorily test either of the two extremely low resistivity AMT modelled anomalies. Results from the planned down-hole electromagnetic survey in holes 2 and 4 are expected to enable us to more precisely target the line 11000 AMT model.”

Dundas have begun drilling hole 4, with assays from hole 1 are expected later this month, with $220,000 for EIS co-funded drilling available from the beginning of December for two more diamond drill holes at Central.

DUN’s Australian Stock Exchange-listed share price was trading at 35c today (9.23 am UTC+ 8 hours).

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