Dundas Minerals Ltd (ASX:DUN) has made strong progress as it actively explores for nickel, copper and gold at the Central exploration target in the prospective Albany-Fraser Orogen in Western Australia.
Notably, the company has completed its third diamond drill hole at the prospect to a depth of 395.4 metres.
Sulphides, predominantly pyrite and trace pyrrhotite associated with quartz, were intersected at various intervals from 24.1 metres to 107.7 metres.
Subsequently, Dundas has kicked off diamond drilling of the fourth exploration hole at Central.
Downhole electromagnetic (DHEM) surveys are planned for holes two and four, providing an improved vector for a future drill hole to further test the anomaly on line 11000 AMT model.
“Encouraged by visual results”
Dundas managing director Shane Volk said: “We continue to be encouraged by visual results from the Central drilling program, in addition to the anomalous geochemistry returned from the assays of hole 22CEWB003.
“Sulphides were again encountered in hole 3, not as pervasive as in hole 1, but another positive drill hole.
“Assay results for hole 1 are expected later this month.
“The current drill program is yet to satisfactorily test either of the two extremely low resistivity AMT modelled anomalies.
“Results from the planned down-hole electromagnetic survey in holes 2 and 4 are expected to enable us to more precisely target the line 11000 AMT model.
“As previously advised, $220,000 of direct drilling cost co-funding under the WA Government Exploration Incentive Scheme becomes available to the company from December 1, 2022, for two diamond drill holes at Central, which we plan to utilise in this drill program.
Drill highlights
Drilling was completed in two parts, drill hole 22CEDD003 was diamond drilled from the surface to 107 metres and the core was recovered from this interval.
Meanwhile, hole 22CEDD003 was discontinued because of a hole blockage caused by bogged drill rods.
Core was recovered from a second hole 22CEDD003A from 95.5 metres to the end-of-hole at 395.4 metres.
A rock roller drill bit was used from the surface to 95.5 metres, consequently, core was not recovered from this interval.