DUN 0.00% 2.8¢ dundas minerals limited

Dundas Minerals managing director Shane Volk said: “Whilst we...

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    Dundas Minerals managing director Shane Volk said: “Whilst we were always quietly confident of the geophysical data modelling, especially the AMT and SkyTEM EM models, and optimistic that we would drill massive sulphides with hole 1, to see it transpire as it has is extremely rewarding for the small Dundas Minerals team. Actually, it’s an outstanding result.

    “We now very much look forward to receiving the assay results from hole 1 and to the drilling of our second hole at Central, which will be almost vertical. Hole 2 is targeting the centre of line 11,000 AMT anomaly to a depth of more than 500 metres. Given the results from hole 1, we’d expect to intercept sulphides again in hole 2.”

    Shallow discovery
    The shallow RAB holes announced last month are 230 to 1,400 metres northeast of 22CEDD001 and are open at depth in all directions.

    Samples from the shallow holes have been submitted for assay and results are expected within the next two weeks.

    Source: proactive investors
 
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