Dundas Minerals announced that diamond drilling has recommenced at its Central exploration target. The current drill hole, Hole 6 (23CEDD006) is planned to ~700m. The hole is one of two diamond drill holes that have been awarded co-funding (to a maximum of $220,000), under round 26 of the Western Australian Government Exploration Incentive Scheme (EIS).

Hole 6 commenced on Wednesday 11 January 2023. The hole is targeting the centre of a very low resistivity audiomagnetotellurics (AMT) anomaly. The hole is located approximately 150m northeast of drill hole 22CEDD001 (Hole 1) that was completed on 6 October 2022.

Hole 1 was drilled to 423m did not test the centre of the AMT anomaly model. Visual results from Hole 1 were announced on 11 October 2022, and assay results were announced on 2 December 2022. In addition to the current drilling at Central, plans are well advanced for the commencement of an inaugural reverse circulation (RC) drilling program at the Company's Matilda South prospect.

The company expects drilling at Matilda South to commence in early February 2023; details will be announced once they are finalised. The Matilda South drilling is also 50% co-funded under the Western Australian Government EIS program, to a maximum of $180,000”.