Dundas Minerals (ASX:DUN) have commenced soil sampling at its Baden-Powell, Scotia and Windanya tenements, with 1600 samples planned to take place and initial results reported during October.
The Sampling Program
The sample program will initiate the first stage of exploration of the Company’s recently acquired Baden-Powell, Scotia and Windanya gold projects, located 60 kilometres north of Kalgoorlie in WA, with 1600 soil samples planned and a multi-element assay suite to be reported.
Figure 1: Location of the Windanya and Banden-Powell / Scotia projects
Dundas outlines the purpose of the sampling program is to develop an understanding of the geology, alteration and mineralisation of the areas, and to test for possible under-cover extensions of known gold mineralisation and or along strike from historic workings.
The sampling plan is aimed to target several conceptual targets which the Company has identified through geology, geophysics and structural interpretations.
Dundas will submit the samples for analysis in batches of 300 – 400, with a multi-element suite of minerals to be analysed and reported, unlike pre-existing samples done in the area which only assayed for gold.
Dundas Minerals kicked off exploration promisingly at the start of the year, completing its sixth diamond drill hole at the Central exploration target, and firing up RC drilling at Matilda South, releasing noteworthy assay outcomes for rare earth elements (REEs) in June, as it continues to make moves on making nickel, copper and gold discoveries in the highly prospective southern Albany-Fraser Orogen of Western Australia.
Figure 2: RC Drill Rig at Matilda South Project
With the procurement of the gold projects in Kalgoorlie, Dundas is primed to concentrate on its gold assets, initiating drilling exploration following the release of results from the soil sampling in October.
With the procurement of the gold projects in Kalgoorlie, Dundas is primed to concentrate on its gold assets, with first assay results from the program expected to be received during October 2023. The results will guide the Company in planning the initial round of drilling at the Windanya, Banden-Powell and Scotia Projects.
DUN’s Australian Stock Exchange-listed share price is currently trading at 7 cents (10.00am UTC+ 8 hours).