Materials

Dundas Minerals returns promising preliminary results at WA Albany-Fraser Orogen prospect

Wed 16 Mar 22, 12:31pm (AEST)
mining technology

Stocks in article

dun
MktCap:
-

Share article

Key Points

  • Dundas ticks another early-stage exploration activity in the lead up to drilling
  • A soil sampling program is now planned for the Central target
  • If all goes to plan, a first round of drilling could commence by mid-2022

Dundas Minerals (ASX: DUN) has returned promising preliminary results from an audio-magnetotelluric (AMT) survey at the Albany-Fraser Orogen prospect. 

An AMT survey measures variations in the earth’s natural electromagnetic fields. The AMT method provides detailed information about potential variations in the subsurface at shallow to intermediate depths. 

The survey was able to identify conductive anomalies which “may be massive sulphides (which can host nickel and copper mineralisation) or possibly graphite”. 

“The identification of these conductive anomalies at the Central Target is extremely rewarding, and testament to the exploration methodology that we have been following,” said Managing Director Shane Volk.

Dundas has successfully completed several surveys in the past few months, with the hopes to kick off its first round of drilling in mid 2022.

Dundas Exploration at Central Area
Dundas recent exploration work (Source: Dundas Minerals)

Next steps

Dundus is now progressing a soil sampling program to commence on 17 March. The objective of this program is to test for any nickel, copper and other mineral anomalies at the surface. 

“Anomalous values for minerals such as nickel or copper from the soil survey would be extremely encouraging, and I’d expect to see us move as quickly as possible to drilling if this was the case.”

Written By

Kerry Sun

Finance Writer & Social Media

Kerry holds a Bachelor of Commerce from Monash University. He is an avid swing trader, focused on technical set ups and breakouts. Outside of writing and trading, Kerry is a big UFC fan, loves poker and training Muay Thai. Connect via LinkedIn or email.

Get the latest news and media direct to your inbox

Sign up FREE