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Dundas Minerals Retracts Gold Target Announcement

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Dundas Minerals Retracts Gold Target Announcement

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An announcement from Dundas Minerals Limited ( (AU:DUN) ) is now available.

Dundas Minerals Limited has retracted its previous ASX announcement regarding large-scale gold targets due to insufficient exploration data and reliance on machine learning and specialist mineral targeting technology. The company emphasizes that future exploration strategies will be developed using comprehensive information from its own and contractors’ findings, aiming for efficient exploration programs.

More about Dundas Minerals Limited

Dundas Minerals Limited (ASX: DUN) is an exploration company operating in the gold-rich Kalgoorlie region and the southern Albany-Fraser Orogen in Western Australia. The company has an option agreement to acquire a significant interest in two gold projects in the Kalgoorlie region and holds various exploration licenses for gold, copper, and nickel in the southern Albany-Fraser.

Average Trading Volume: 326,197

Technical Sentiment Signal: Buy

Current Market Cap: A$5.63M

See more insights into DUN stock on TipRanks’ Stock Analysis page.

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