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- Dundas Minerals (DUN) is granted a licence to explore battery-minerals and gold in Western Australia’s south
- This exploration tenement is one of seven already owned by the company and gives greater access to the Albany-Fraser Orogen area
- If the remaining tenements are be granted, DUN will have access to 1106 kilometres of land in WA’s south
- Dundas Minerals trades at 24 cents after an increase of 11.9 per cent
Battery minerals and gold company Dundas Minerals (DUN) has been granted a new exploration license in Western Australia’s south.
This exploration tenement is one of seven already owned by the company and gives the company more access to the Albany-Fraser Orogen area.
The company applied for the licence in January 2021 and are still waiting for the approval of four other tenements which are expected by early 2022.
The most recent tenement gives the company access to an area of roughly 86.5 kilometres.
If the remaining tenements are be granted, DUN would have access to 1106 square kilometres of land in WA’s south.
The exploration license, E63/2084, sits just south of the company’s Jumbuck Nickel prospect, where the company has planned its inaugural drilling for the end of this month.
Results from the drilling at the Jumbuck prospect is expected early next year, along with the gold assay from the company’s Kokoda Gold prospect nearby.
Dundas Minerals traded at 24 cents after an increase of 11.9 per cent by 4:10pm AEDT.
