Dundas Minerals (ASX: DUN) continues to receive positive exploration results for rare earth elements (REEs) from various ASX-listed companies, including Metal Hawk Limited, which have conducted REE-specific exploration programs in neighboring exploration licenses. In early June 2023, Dundas Minerals exercised its option to obtain complete ownership (100%) of exploration license E63/2063 from Golden Camel Mining Limited, an unlisted public company.
The license is situated within the Dundas project area, which shares the company's name and has a history of gold exploration conducted by AngloGold Ashanti Australia Limited from 2012 to 2014. Following the transfer of ownership, Dundas Minerals now holds the license. The northwest soil sampling program, completed in April 2023, has provided assay results and an independent analysis and interpretation of the data. Although no significant geochemical anomalies were identified, the obtained dataset offers valuable insights for the company.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.