Supplementary Bloodwood - Exploration Licence Granted
Released
Released
Announcement PDF
ASX ANNOUNCEMENT
7 September 2026
1
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
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Supplementary and Amended Bloodwood - Exploration
Licence Granted
Dundas Minerals Limited (ASX: DUN) (“Dundas” or “the Company”) wishes to advise that the announcement released
on 1 September 2026 titled ‘Bloodwood Gold Project Granted’ has been amended and restated in full. The amended and
restated announcement is attached to and forms part of this release, and replaces the announcement of 1 September
2026 in its entirety. The grant of Exploration Licence E38/4002 and the commercial terms of the Romano earn in
agreement are unchanged.
The amendments respond to queries raised by ASX Listings Supervision and are directed at the reliability and balance
of the disclosure of historical exploration results generated by Gold Road Resources Limited (Gold Road) at the
Bloodwood prospect. In summary, the amended and restated announcement:
• removes the statements in the 1 September 2026 announcement that the drilling results “were not generated by
Dundas” and that “Dundas has not independently verified the underlying primary sampling or assay data”, which
were inconsistent with the Competent Person’s Statement in the same document and did not accurately describe
the work the Company had undertaken, and replaces them with a Reliability Statement setting out the records
reviewed, the verification undertaken and the limits of that verification;
• identifies the source of the historical data as Gold Road’s ASX announcements of 20 September 2018 and 28
May 2019 and its statutory report to the Western Australian Department of Mines, Petroleum and Exploration
(WAMEX report A121250) and the associated digital archive, and reports the results against that defined
population;
• tabulates the complete defined Bloodwood Camp collar population of 157 air-core holes and one diamond hole
in Appendix A, with coordinates, orientation, status, end-of-hole depth and the maximum gold value recorded for
each hole;
• reports in Table A every hole in that population that returned an interval at or above Gold Road’s 0.1 g/t Au
reporting cut-off - seven of the 157 air-core holes - together with the diamond hole, Of the remaining 150 air-core
holes, 146 had reported gold values but returned no interval at or above the cut-off, while four short holes have
sample records but no reported gold value;
• no longer relies on the previously referenced hole 18CWAC0944 and its 4m @ 0.24 g/t Au result, that hole having
been drilled before the reporting period covered by that statutory report, with its primary records not reviewed by
the Company;
• reproduces and attributes Gold Road’s contemporaneous Bloodwood cross-section from its 28 May 2019 ASX
announcement;
• discloses expressly the scope and limits of the Company’s verification, including the absence of raw diamond
assay records from the associated digital archive, the four short air-core holes with no reported gold value, and
the air-core hole terminated because of sample-return loss; and
• expands the JORC Code (2012) Table 1 on an ‘if not, why not’ basis and presents the historical drilling in its full,
predominantly low-grade, first-pass context.
The attached announcement includes, as an appendix, a report against each of the criteria in sections 1 and 2 of Table
1 of Appendix 5A (JORC Code) on an ‘if not, why not’ basis, as required by Listing Rule 5.7.1, together with the drill hole
information referred to in Listing Rule 5.7.2. No Mineral Resource or Ore Reserve has been estimated for the Bloodwood
prospect or the Romano Project. Investors should read the attached amended and restated announcement in full,
including the Reliability Statement and the JORC Code (2012) Table 1.
- ENDS -
This announcement has been authorised for release by the Board of Dundas Minerals Limited.
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
ASX: DUN
ASX ANNOUNCEMENT
1
FOR FURTHER INFORMATION
Jonathan Downes
Managing Director
Dundas Minerals Limited
P: +61 (08) 9481 0389 | M: +61 412 124 758
E: admin@dundasminerals.com
W: www.dundasminerals.com
ABOUT DUNDAS MINERALS LIMITED
Dundas Minerals (ASX: DUN) is an Australian gold exploration company with a portfolio of projects located in Western
Australia. The Company’s strategy is focused on advancing gold exploration assets across both established mining
districts and under explored frontier regions with demonstrated geological prospectivity.
In the Kalgoorlie region, Dundas is earning an 85% interest in the Capricorn and Baden-Powell gold projects, which
together host inferred gold resources on granted mining leases, and has made a shallow high grade gold discovery at
Rockland. Heritage survey clearance and Programme of Work approvals are in place across all three projects and drilling
is scheduled.
At Romano, in the northeastern Goldfields, Dundas is earning an 80% interest in approximately 800km² of frontier
greenstone straddling the Yamarna and Dorothy Hills Shear Zones, with drill confirmed gold anomalism at the Bloodwood
and Brahman prospects. The Company also retains gold exploration interests in the Esperance area.
Dundas is led by an experienced board and management team with a track record in mineral exploration and project
development and is focused on creating long term shareholder value through systematic exploration and asset growth.
COMPETENT PERSON’S STATEMENT
This covering announcement summarises Exploration Results reported in the attached supplementary, amended and
restated announcement. The Exploration Results in this covering announcement and the attached announcement are
based on, and fairly represent, information and supporting documentation compiled and reviewed by Jonathan Downes
(B.Sc. Geology), MAIG, Managing Director of Dundas Minerals Limited. Mr Downes has sufficient experience relevant
to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a
Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves’. Mr Downes consents to the inclusion in the attached announcement of the matters based
on this information in the form and context in which it appears.
PREVIOUSLY REPORTED INFORMATION
The Exploration Results in respect of the Bloodwood prospect were previously referred to in the Company’s ASX
announcements dated 30 December 2025 titled “Romano - Frontier Terrain Gold Acquisition” and 1 September 2026
titled “Bloodwood Gold Project Granted”. The attached announcement amends and restates the 1 September 2026
announcement and replaces it in full. The JORC Code (2012) Table 1 accompanying the attached announcement
supersedes, in respect of the Bloodwood prospect, the Table 1 that accompanied the announcement of 30 December
2025.
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
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ASX ANNOUNCEMENT
1
COMPLIANCE STATEMENTS
Previously Reported Exploration Results: This covering announcement and the attached supplementary, amended and restated
announcement refer to Exploration Results previously reported by the Company in its ASX announcements dated 30 December 2025
titled ‘Romano - Frontier Terrain Gold Acquisition’ and 1 September 2026 titled ‘Bloodwood Gold Project Granted’, which contain the
Competent Person statements and consents required by Listing Rule 5.22. In accordance with Listing Rule 5.23, the Company
confirms that it is not aware of any new information or data that materially affects the information included in those market
announcements, and that all material assumptions and technical parameters underpinning those Exploration Results continue to apply
and have not materially changed, other than as expressly disclosed in the attached announcement.
Mineral Resource Estimate: The Capricorn Mineral Resource Estimate was originally reported in the Horizon Minerals Limited (ASX:
HRZ) announcement titled ‘Gold Resources Increase to 1.24m oz’ released on 28 September 2022, and was confirmed by HRZ in its
report titled ‘Group Mineral Resources Statement - Amended’ released on 1 August 2024. Dundas, which is earning an interest in the
tenure to which that estimate relates, confirms that it is not aware of any new information or data that materially affects the information
included in those announcements, and that all material assumptions and technical parameters underpinning the estimate in those
announcements continue to apply and have not materially changed.
Forward Looking Statements: This announcement contains forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as “seek”, “target”, “anticipate”, “forecast”, “believe”, “plan”, “estimate”, “expect” and
“intend”, and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved, and other similar
expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual
results to differ materially from those expressed or implied in such statements.
ASX ANNOUNCEMENT
7 September 2026
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
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Supplementary - Bloodwood Exploration Licence
Granted
E38/4002 granted over the historical Bloodwood prospect at the Romano Project
HIGHLIGHTS
• Exploration Licence E38/4002 granted, securing the Bloodwood gold anomaly - an approximately 5km, largely
untested gold-in-bedrock anomaly defined by Gold Road Resources Limited (Gold Road). The licence covers
approximately 270km² (89 blocks).
• Bloodwood’s best historical intercept is 12m @ 3.31 g/t Au from 20m, including 4m @ 9.53 g/t Au
(18CWAC0920). It is one of seven air-core holes to return an interval above Gold Road’s 0.1 g/t Au reporting cut-off
from the 157 holes drilled; the other six range from 1m @ 0.10 g/t Au to 5m @ 0.55 g/t Au and all seven are tabulated
in Table A. Of the remaining 150 holes, 146 had reported gold values but returned no interval at or above the cut-off,
while four short holes have sample records but no reported gold value.
• Bedrock gold confirmed by the only hole drilled beneath the anomaly: diamond hole 18CWDD0028 returned
1.70m @ 3.29 g/t Au from 114.00m, as reported by Gold Road on 28 May 2019. The raw diamond assay file is absent
from the A121250 archives and Dundas has adopted Gold Road’s publicly reported interval (ASX:GOR 28/5/2019).
• The anomaly is open and effectively untested at depth - a single diamond hole tests below the base of oxidation
over approximately 5km of strike. Dundas has undertaken no drilling or sampling at Bloodwood.
• The full historical dataset has been compiled and audited. Appendix A tabulates all 158 drill hole collars with
coordinates, orientation, status, end-of-hole depth and the maximum gold value for each hole.
• Next steps: progress native title, heritage and reserve-access approvals, reinterpret the historical dataset and design
the Company’s own first drilling programme at Bloodwood.
Historical data and limitation warning: all Bloodwood drilling results in this announcement were generated by
Gold Road in 2018 and are reported by Dundas on the basis of documentary review of Gold Road’s public and
statutory records. The drilling is wide-spaced and preliminary, true widths are unknown, no Mineral Resource or
Ore Reserve has been estimated, and proximity to Gruyere or other deposits is not evidence of mineralisation at
Bloodwood. Refer to “Exploration Context and Limitations” and the Reliability Statement in this announcement.
Dundas Minerals Limited (ASX: DUN) (“Dundas” or the “Company”) advises that Exploration Licence E38/4002, which
covers the historical Bloodwood gold prospect at the Company’s Romano Project in the north-eastern Goldfields of
Western Australia, was granted on 18 August 2026. The licence comprises 89 graticular blocks covering approximately
270km² and is the largest single tenement in the Romano Project.
E38/4002 was one of four exploration licence applications identified at the time of the Romano acquisition (refer ASX
announcement dated 30 December 2025). Its grant secures tenure over the full approximately 5km strike of the historical
Bloodwood gold anomaly, which is the most advanced historical exploration prospect identified within the Romano
Project.
Managing Director Jonathan Downes comments:
“The grant secures tenure over Bloodwood. Historical drilling identified an approximately five-kilometre gold anomaly,
but that drilling was first-pass and wide-spaced and only one diamond hole tested at depth beneath the highest grade
air-core result. That single diamond drill hole returned encouraging early-stage results and is substantially deeper than
any other drilling in the region. Geological and grade continuity have not been established and will be a high priority in
planning future drilling.”
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
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“Our immediate work is to complete the access process and compile and reinterpret the historical dataset before deciding
on any further drilling. No Mineral Resource or Ore Reserve has been estimated at Bloodwood.”
“Native title, heritage and reserve-entry approvals remain the priority and no ground-disturbing work will occur until the
required approvals are in place.”
Figure 1: Romano Project tenure showing the Bloodwood and Brahman prospects, the Yamarna and Dorothy Hills Shear Zones
and the Gruyere gold mine. Inset: Dundas’ E38/3904 lies approximately 1km north of the Gruyere open pit.
Licence Details
E38/4002 was granted on 18 August 2026 for a term of five years commencing on the date of grant. The licence covers
26,973 hectares (approximately 270km²) in the Mount Margaret Mineral Field, Shire of Laverton, approximately 145km
north east of Laverton. The Great Central Road and the Mount Shenton–Yamarna Road traverse the licence area,
providing established access. The minimum prescribed annual expenditure commitment is $89,000.
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
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ASX ANNOUNCEMENT
The licence is registered in the name of Cazaly Resources Limited (ASX: CAZ). Dundas holds the right to earn an 80%
interest in the Romano Project tenements under the earn in agreement announced on 30 December 2025. Consistent
with the terms of that agreement, the grant of E38/4002 triggers a milestone obligation to pay Cazaly $150,000 in cash
and to issue $150,000 in Dundas shares at a deemed issue price equal to the volume weighted average price of Dundas
shares over the five trading days immediately prior to the grant date, subject to shareholder approval. If shareholder
approval is not obtained, Dundas will instead pay $150,000 in cash.
The Bloodwood Prospect
Bloodwood was identified by Gold Road Resources Limited (Gold Road) through regional soil sampling and first-pass
air-core drilling completed in 2018. Gold Road described low-level gold anomalism extending for approximately 5km
along a modelled shear-hosted corridor on the eastern margin of the Yamarna Shear Zone. The historical drilling was
designed primarily to collect regional bedrock geochemical and lithological information and was not resource-definition
drilling.
Historical dataset scope and completeness
Gold Road’s statutory WAMEX report A121250 and its associated digital archive classify 158 unique holes as Bloodwood
Camp: 157 air-core holes for 5,510m and one diamond hole for 199.4m. This is the population used in this announcement.
Gold Road’s September 2018 announcement referred to a broader regional programme of 279 air-core holes for 9,821m
over approximately 25km between Renegade and Corkwood; holes outside the Bloodwood Camp archive classification
are not included in Appendix A and are not relied on here.
Table B - Bloodwood Camp data audit
Dataset Coverage Qualification
Collar records 158 / 158 holes Complete coordinates, RL, type, status, dates and EOH for all unique Bloodwood Camp holes.
Collar surveys 158 / 158 holes
Zero-depth dip and true azimuth present for every hole; DD down-hole surveys are present to
198m. Gold Road’s published cross-section is reproduced as historical interpretation rather
than recalculated by Dundas.
Geological logs 158 / 158 holes
Logs are present for every hole; 18CWAC1077 stops at 6m against a 7m EOH. The final metre is
assayed and this exception does not affect a result relied on in Table A.
Air-core assays 153 / 157 AC holes
1,714 assay rows in total. 153 of the 157 air-core holes have reported gold values to the
recorded EOH. Four short holes (18CWAC0912, 18CWAC1031, 18CWAC1051 and
18CWAC1052; 5-11m) have sample rows present but no reported gold value; none is relied on
and each is identified in Appendix A.
Diamond assays 0 / 1 DD hole
No raw assay rows for 18CWDD0028 occur in the digital archive. The adopted 1.70m @ 3.29 g/t
Au interval is taken from Gold Road’s 28 May 2019 ASX announcement and is not
independently recalculated by Dundas.
Interval metadata 158 / 158 holes
Metadata are present; 18CWAC1111 stops at 64m against a 65m EOH while its collar, geology
and assays reach EOH.
Raw collar duplicates 96 duplicate rows
The duplicate rows are exact duplicates with no conflicting collar values; Appendix A reports
each unique hole once.
Audit note: The collar schedule in Appendix A is complete for the Bloodwood Camp archive classification and no collar outside that defined
population is relied on. Max Au is the highest gold value among the sample records for the hole; NR* denotes the four short holes
(18CWAC0912, 18CWAC1031, 18CWAC1051 and 18CWAC1052) with sample rows but no reported gold value; n/a† denotes 18CWDD0028,
for which the archive contains no assay rows. The appendix is not a reproduction of all 1,714 individual air-core assay rows.
Seven of the 157 air-core holes in the Bloodwood Camp population returned an interval at or above Gold Road’s 0.1 g/t
Au reporting cut-off. All seven are reported in Table A with the diamond hole. They comprise 18CWAC0920, which
returned 12m @ 3.31 g/t Au from 20m including 4m @ 9.53 g/t Au from 20m; 18CWAC1083, 5m @ 0.55 g/t Au from
21m; 18CWAC1084, 10m @ 0.25 g/t Au from 36m; 18CWAC1059, 4m @ 0.31 g/t Au from 16m; 18CWAC1082, 2m @
0.19 g/t Au from 9m; 18CWAC1112, 4m @ 0.14 g/t Au from 72m; and 18CWAC1077, 1m @ 0.10 g/t Au from 6m.
Diamond hole 18CWDD0028 was reported by Gold Road as returning 1.70m @ 3.29 g/t Au from 114.00m. The air-core
assay records are present in the digital archive. The adopted diamond result is from Gold Road’s 28 May 2019 ASX
announcement; the digital archive contains no raw diamond assay rows. All intervals are down-hole lengths and true
widths are not known. Of the remaining 150 holes, 146 had reported gold values but returned no interval at or above the
cut-off, while four short holes have sample records but no reported gold value.
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ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
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Drilling across the anomaly remains shallow, wide-spaced and first-pass in character. Of the 157 Bloodwood Camp air-
core holes, 156 are recorded as complete and 18CWAC1037 is recorded as terminated at 76m after water flow caused
sample-return loss. No systematic reverse-circulation or diamond programme has been completed along the
approximately 5km anomaly and only one hole tests below the base of oxidation. The data are insufficient to establish
geometry, grade continuity or true width, and no Mineral Resource or Ore Reserve has been estimated for Bloodwood
or the Romano Project.
Figure 2 shows all Gold Road drilling in the Bloodwood area, including first-pass holes drilled before 1 July 2018 that fall outside
the reporting period covered by statutory report A121250. Appendix A is the controlling collar schedule for the A121250
Bloodwood Camp population of 158 holes; collars shown on this figure but not listed in Appendix A are recorded in Gold Road's
annual report for the year to 30 June 2018 and are not relied on in this announcement.
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
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Figure 2A: Historical Bloodwood cross-section at 6,922,325mN showing 18CWDD0028 and selected air-core holes. The adopted
diamond interval is 1.70m @ 3.29 g/t Au from 114.00m. Source: Gold Road Resources ASX announcement dated 28 May 2019,
Figure 7. Reproduced without alteration to Gold Road’s geological interpretation. Gold Road’s section labels the December 2018
infill holes with an 18WDAC prefix; the same holes are recorded as 18CWAC1080 to 18CWAC1084 in Appendix A. Intervals are
down-hole lengths; true widths are not known.
Cross-section and diagram basis
Figure 2 retains the historical Gold Road plan because it gives useful all-hole and maximum-grade context. Figure 2A
reproduces Gold Road’s historical cross-section from its 28 May 2019 ASX announcement, including Gold Road’s
interpreted geology and mineralised shears. The figure is clearly attributed and has not been reinterpreted by Dundas.
The reported intersections are down-hole lengths and true widths are not known.
Exploration Context and Limitations
Scale of anomaly. Gold Road described low-level gold anomalism over approximately 5km of strike. This is an
exploration-scale geochemical footprint only; its continuity, geometry and economic significance have not been
demonstrated.
Range of historical drilling results. The air-core intervals reported in Table A range from 1m @ 0.10 g/t Au in
18CWAC1077 to 12m @ 3.31 g/t Au including 4m @ 9.53 g/t Au in 18CWAC0920, and comprise the seven holes of the
157 drilled that returned an interval at or above Gold Road’s 0.1 g/t Au reporting cut-off. Gold Road reported the single
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diamond hole as returning 1.70m @ 3.29 g/t Au from 114.00m. These results sit within a predominantly low-grade, first-
pass and infill air-core programme. Of the remaining 150 holes, 146 had reported gold values but returned no interval at or above
the cut-off, while four short holes have sample records but no reported gold value.They do not demonstrate continuity.
Regional setting. Bloodwood is located on the eastern margin of the Yamarna Shear Zone, approximately 20km north
of the Golden Highway deposits, while the Dorothy Hills Shear Zone and Gruyere lie to the east. These regional
relationships provide exploration context only; no geological or mineral continuity has been established between
Bloodwood and any neighbouring deposit.
Limited testing. The historical air-core drilling was regional in intent and broadly spaced. Only one diamond hole tested
beneath the principal air-core result. Further work would be required before the orientation, extent, continuity or
significance of the mineralisation could be assessed.
Status of the data and of the Company’s work. All Bloodwood drilling results reported in this announcement were
generated by Gold Road in 2018. Dundas has undertaken no drilling, sampling or assaying at Bloodwood and has not
inspected or re-surveyed the historical collars; its verification is documentary and is described in the Reliability Statement
and JORC Table 1 accompanying this announcement. The historical drill spacing is insufficient to establish geological or
grade continuity, true widths are not known, and no Mineral Resource or Ore Reserve has been estimated for Bloodwood
or the Romano Project.
Data exceptions. The raw diamond assay file for 18CWDD0028 is absent from the digital archive reviewed by Dundas,
and the reported diamond interval is Gold Road’s publicly reported interval rather than one recalculated by Dundas. One
air-core hole, 18CWAC1037, is recorded as terminated at 76m after water flow caused sample-return loss, and four short
air-core holes have sample rows with no reported gold value. Each exception is identified in Table B, Appendix A and
JORC Table 1.
Cover, remoteness and access constraints affect exploration in the northern Yamarna region. At Bloodwood,
native title, heritage and reserve-entry approvals are not yet complete. Future drilling locations and timing have not been
finalised and will depend on those approvals and completion of the historical-data review.
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
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Figure 3: Belt scale setting of the Romano Project. Dundas tenure straddles the Yamarna and Dorothy Hills Shear Zones,
with Bloodwood located within the northern licence block. Named gold projects and Minedex occurrences along the trend
are shown.
The Company cautions that proximity to operating mines or deposits is not indicative of mineralisation within the Romano
Project, and that no geological or mineral continuity has been established between the Romano Project and any
neighbouring deposit. No Mineral Resources or Ore Reserves have been estimated for the Romano Project.
Next Steps
Dundas’ near term drilling capital is committed to the Company’s three advanced Kalgoorlie gold projects – Rockland,
Capricorn and Baden-Powell – where heritage survey clearance and Programme of Work approvals are in place and a
drilling contractor has been engaged.
Work at Romano over the coming period will focus on:
• progressing native title, heritage and reserve access approvals over E38/4002;
• compilation and reinterpretation of the historical Gold Road datasets across the 5km Bloodwood anomaly, and
design of a first systematic reverse circulation and diamond programme; and
– ENDS –
This announcement has been authorised for release by the Board of Dundas Minerals Limited.
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
ASX: DUN
ASX ANNOUNCEMENT
Schedule 1 – Tenement Details
Item 1 – Granted
TENEMENT TYPE STATUS GRANT DATE AREA REGISTERED HOLDER
E38/4002 Exploration Licence Live 18 August 2026 89 blocks (~270km²) Cazaly Resources Limited
Table A - Bloodwood historical result collars and reported intercepts
Hole ID Type Easting Northing RL Azi Dip EOH (m) From (m) To (m) Interval (m) Au (g/t)
18CWAC0920 AC 551,896 6,922,319 434 272.7 -60 40 20 32 12 3.31
incl. 20 24 4 9.53
18CWAC1083 AC 551,897 6,922,327 434 275.7 -60 50 21 26 5 0.55
18CWAC1084 AC 551,911 6,922,322 434 270.7 -60 50 36 46 10 0.25
incl. 41 46 5 0.39
18CWAC1059 AC 551,543 6,923,126 442 269.7 -60 31 16 20 4 0.31
18CWAC1082 AC 551,889 6,922,322 434 274.7 -60 16 9 11 2 0.19
18CWAC1112 AC 552,009 6,921,108 427 270 -60 78 72 76 4 0.14
18CWAC1077 AC 552,078 6,922,716 436 270 -60 7 6 7 1 0.10
18CWDD0028 DDH 551,946 6,922,320 433.321 269.9 -60 199.4 114.00 115.70 1.70 3.29
Table A lists every hole in the Bloodwood Camp population that returned an interval at or above Gold Road’s 0.1 g/t Au reporting cut-off -
seven air-core holes of the 157 drilled - together with the diamond hole. The air-core intervals for 18CWAC1077, 18CWAC1082,
18CWAC1083, 18CWAC1084 and 18CWAC1112 are from Gold Road’s December 2018 infill programme and were calculated by the
Competent Person from the primary sample records from Gold Road’s reporting cut-off, with up to 4m of internal dilution; the 10m @ 0.25 g/t
Au interval in 18CWAC1084 includes 3m below cut-off. Of the remaining 150 air-core holes, 146 had reported gold values but returned no
interval at or above that cut-off, while four short holes have sample rows but no reported gold value. Appendix A lists all 158 Bloodwood Camp
drill hole collars. Coordinates are GDA94 / MGA Zone 51 and azimuths are true north. All intervals are down-hole lengths and true widths are
not known. The 18CWAC0920 and 18CWAC1059 air-core intervals reconcile to the digital assay file. The 18CWDD0028 interval is taken from
Gold Road’s 28 May 2019 ASX announcement; the raw diamond assay file is not present in the digital archive reviewed by Dundas. No top
cut has been applied.
FOR FURTHER INFORMATION
Jonathan Downes
Managing Director
Dundas Minerals Limited
P: +61 (08) 9481 0389 | M: +61 412 124 758
E: admin@dundasminerals.com
W: www.dundasminerals.com
Dundas Minerals Limited Suite 13, 100 Railway Rd T: +61 (08) 9481 0389
ACN: 640 432 819 Daglish WA 6008 E: admin@dundasminerals.com
ASX: DUN
ASX ANNOUNCEMENT
ABOUT DUNDAS MINERALS LIMITED
Dundas Minerals (ASX: DUN) is an Australian gold exploration company with a portfolio of projects located in Western
Australia. The Company’s strategy is focused on advancing gold exploration assets across both established mining
districts and under explored frontier regions with demonstrated geological prospectivity.
In the Kalgoorlie region, Dundas is earning an 85% interest in the Capricorn and Baden-Powell gold projects, which
together host inferred gold resources on granted mining leases, and has made a shallow high grade gold discovery at
Rockland. Heritage survey clearance and Programme of Work approvals are in place across all three projects and drilling
is scheduled.
At Romano, in the north eastern Goldfields, Dundas is earning an 80% interest in approximately 800km² of frontier
greenstone straddling the Yamarna and Dorothy Hills Shear Zones, with drill confi
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