Dundas moving to expand southern WA landholding by 54%

Dundas Minerals (ASX:DUN) is seeking to start off 2023 with a beefed up project size as it applies to the state regulator to expand its landholdings in southern WA by over 50%. 

Dundas is keen to pick up more land in the Albany-Fraser Orogen, where the company is currently exploring for nickel. 

The new land it wants is to the northeast of the ‘Central’ exploration target in the same project. 

The company most recently logged promising soil samples at Central, though, further exploration is needed to tell if the project is a proper money maker. 

Dundas has been able to move to apply for the expanded operating envelope following the withdrawal of other prior exploration permits from third parties. Dundas paid $20,000 and gave away 40,000 shares as part of that deal. 

Dundas's three month charts

Disclaimer: Market Index helps small-cap ASX listed companies connect with Australian investors through clear and concise articles on key developments. Dundas was a client at the time of publishing. All coverage contains factual information only and should not be interpreted as an opinion or financial advice.