Dundas Minerals (ASX: DUN) has commenced a reverse circulation drilling program to confirm the high-grade potential of the Rockland gold project near Kalgoorlie.
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The program follows encouraging results from the company’s initial discovery drilling at Rockland from early CY25, which confirmed an approximately one km trend of gold mineralisation across the mining lease (ML).
Dundas managing director Jonathan Downes said the new program will test both the strike and depth extensions of the known mineralised zones with a view to defining a maiden mineral resource estimate (MRE).
“We are delighted to have the drill rig turning at Rockland. The results from our maiden program last year were genuinely exciting. Gold results were obtained over a one km trend on a granted mining lease that has never been mined. That is a rare combination in the Kalgoorlie district,” he said.
“This program is designed to understand the full scale of what has been identified. The mineralisation is open in multiple directions, and we believe there is significant potential to grow it materially.”
The area comprising the Rockland ML was subject to historic shallow drilling during the 1980s, which was mostly to a maximum depth of 50 metres. The drilling completed by Dundas in late 2024 is the first to systematically test for gold mineralisation at Rockland to depths beyond 50 metres.
That drilling returned assays of up to 14 grams per tonne in January CY25.
In addition to the Rockland follow-up program, Dundas is advancing planning for infill and extensional RC drilling at the Baden-Powell gold resource as the next step within its broader Kalgoorlie project portfolio.
Baden-Powell is open to the north, south and at depth, with 83% of all historical drilling confined to a depth of less than 100m, presenting substantial untested potential.
“Both the project and resource were last evaluated when the gold price averaged approximately A$2,650 per ounce; a materially lower gold price environment than today,” Mr Downes said on that exploration.
“Collectively, the Rockland, Baden-Powell and Capricorn projects form a cluster of near-surface, relatively unmined gold deposits and discoveries within close proximity of the Goldfields highway and multiple local gold processing facilities.”
“With gold at current levels, the economics of these projects are more compelling than ever, and we intend to move quickly to demonstrate that value.”
DUN is steady at 4.7cps today.
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