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Dundas Minerals Limited ( (AU:DUN) ) has shared an announcement.
Dundas Minerals has significantly expanded its exploration footprint in Western Australia with the acquisition of an 80% interest in the Romano Gold Project, an 800km² land package on the eastern margin of the Yamarna Shear Zone adjacent to the Gruyere gold mine, adding multiple priority targets including walk-up drill prospects like Bloodwood. Backed by a $1.1 million capital raising and a refreshed leadership team led by new managing director Jonathan Downes, the company is advancing work across its portfolio, including resource and drilling studies at the Kalgoorlie projects, AI-assisted target generation and an EIS-supported drilling program at Gerry Well, positioning Dundas for an active 2026 as it seeks to unlock value from its consolidated gold exploration assets.
The most recent analyst rating on (AU:DUN) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Dundas Minerals Limited stock, see the AU:DUN Stock Forecast page.
More about Dundas Minerals Limited
Dundas Minerals Limited is an Australian gold-focused exploration company with assets in Western Australia, including the Kalgoorlie Suite of projects with existing inferred mineral resources, the Gerry Well greenfields exploration district, and the recently acquired Romano Gold Project. The company is targeting underexplored greenstone belts and regional shear zones such as the Yamarna–Dorothy Hills corridor, aiming to grow its resource base and advance multiple projects at varying stages of development.
Average Trading Volume: 165,963
Technical Sentiment Signal: Buy
Current Market Cap: A$6.62M
For a thorough assessment of DUN stock, go to TipRanks’ Stock Analysis page.