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Dundas Minerals Limited (ASX:DUN)

ALERT: Price-sensitive ASX Announcement for DUN
Current share price for DUN : $0.048 0.002 (4.35%)+
Announcement
Release
13 Apr 2026 11:54AM
Price at Release
$0.046
Full Release
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Summary
Dundas Minerals Limited (ASX: DUN) announced the grant of Mining Lease M24/1004 for its Capricorn Gold Project, which is located approximately 40 km north of Kalgoorlie, Western Australia. This lease activation allows Dundas to acquire an 80% interest in the project, with Horizon Gold Limited retaining a 20% interest. The Capricorn Gold Project hosts a JORC 2012 Inferred Mineral Resource of 25,500 ounces of gold. The project lies on the same structural corridor as the nearby Rockland Gold Project and offers significant exploration potential, as it remains open at depth and along strike. Dundas plans to immediately advance exploration activities, including a new RC drilling program, and evaluate the potential to link mineralisation between Capricorn and Rockland.
Key Points
  • Mining Lease M24/1004 granted for Capricorn Gold Project
  • Dundas Minerals to acquire 80% interest in the project
  • Capricorn hosts a JORC 2012 Inferred Mineral Resource of 25,500 oz Au
  • Project located north of Kalgoorlie, Western Australia
  • Capricorn lies on the same structural corridor as Rockland Gold Project
  • Exploration potential open at depth and along strike
  • Immediate commencement of exploration activities planned
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.