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Dundas Minerals Unearths High-Grade Gold in Inaugural Windanya Drilling Venture

6 February 2024 11:02
ASX: DUN
Dundas Minerals Unearths High Grade Gold In Inaugural Windanya Drilling Venture

Dundas Minerals (ASX:DUN) has unveiled encouraging results from its inaugural slimline Reverse Circulation (RC) drilling initiative at the Windanya Project, located north of Kalgoorlie in Western Australia, with a focus on the Aquarius and Scorpio prospects showcasing substantial gold anomalies identified via soil sampling.

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Figure 1: Windanya Project auger soil sample results and prospect locations.

Drilling Program Overview

The RC drilling program, concluded in December 2023, comprised 37 holes with a total depth of 4,119 metres.

A total of 18 holes were drilled at the Aquarius Prospect, 14 at Scorpio, and an additional five explored the historic Capricorn gold deposit.

The Company reports the majority of the drill holes were angled at -60° towards the west, aligning with the regional strike and interpreted structures.

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Figure 2: Drill Hole locations, and drill hole directions at each prospect/deposit.

Capricorn Deposit Outcomes

The historic Capricorn gold deposit presented promising results, with a fence of four holes drilled south of the 2021 inferred resource model shell.

The holes, spaced 40 metres apart, provided high-grade gold intercepts, confirming and extending the high-grade nature of gold mineralisation.

Particularly noteworthy were the results from hole 23WDRC003, revealing 3 metres at 9.14 g/t Au from 114 metres, including 1 metre at 23.1 g/t Au from 115 metres.

The success in intercepting anomalous gold values along east-dipping structures suggests the potential for expansion both to the south, north and west, with additional drilling.

The Company is now positioned to strategically expand the existing gold resource at Capricorn.

Aquarius Prospect Evaluation

Results from the Aquarius Prospect were equally promising, with high-grade intervals of gold intercepted in multiple drill holes.

Hole 23WDRC012 stood out with 3 metres at 10.2 g/t Au from 109 metres, including 1 metre at 29.6 g/t Au from 109 metres.

The distribution of the highest-grade intercepts at both ends of the soil gold anomaly indicates a mafic intrusion influencing mineralising structures, offering valuable insights for future exploration strategies.

Scorpio Prospect Observations

At Scorpio, two drill holes exhibited high-grade gold intercepts, mirroring the control of mineralisation by shallow east-dipping structures observed at Capricorn.

The geological similarities between the Capricorn deposit and the Scorpio Prospect, separated by approximately two kilometres, suggests a potentially unexplored corridor of mineralisation.

The proximity of the Aquarius drilling results to this corridor further underscores the prospectivity of the entire region.

Future Exploration

Dundas Minerals, in collaboration with its independent consultants, is already planning the next stage of exploration for the Windanya Project.

While specific details are yet to be disclosed, the Company anticipates commencing the next phase before the end of the current quarter.

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