Dundas Minerals Limited (AU:DUN) has released an update.
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Dundas Minerals Limited has secured an exclusive option to acquire 100% of Mining Licence M 24/974, which lies strategically between the Aquarius and Scorpio gold prospects within its Windanya Gold Project. The acquisition is set to enhance Dundas’s exploration potential approximately 15km from the Paddington Gold Mill. Shareholders are to approve the issuance of shares as consideration for the option, with Dundas committing to a drilling requirement and agreeing to a royalty term with Rockland.
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