Dundas Minerals Limited is actively exploring for nickel, copper and gold in the prospective Albany-Fraser Orogen, Western Australia. From these surveys, four (4) high priority exploration target areas were identified: Matilda South, North-East, Terra Firma and Jumbuck Infill gravity and magnetic geophysical surveys have been designed for these four areas to provide enhanced resolution data, allowing for more precise modelling of the depth and orientation of various identified geophysical anomalies. The Matilda South infill gravity survey was completed in late December 2021. Analysis of the survey data produced extremely encouraging results, with modelling confirming a large gravity anomaly interpreted as a mafic /ultramafic intrusive body of considerable size, which Dundas plans to drill test for possible mineralisation during 2022. The Company's geophysical survey contractor has now remobilised to the project and the infill gravity survey across the North-East prospect has commenced. The infill survey will be conducted on
250m spaced lines, with 100m spacings between stations. By comparison the 2021 project wide gravity survey was completed on
1km spaced lines, with 500m spacings between stations.