Dundas Minerals has secured tenure over the full five-kilometre Bloodwood gold anomaly after Exploration Licence E38/4002 was granted at the Romano Project in Western Australia’s north-eastern Goldfields. The licence covers about 270 square kilometres in the Mount Margaret Mineral Field, approximately 145 kilometres north-east of Laverton.
Licence covers Romano’s most advanced target
The 89-block licence is the largest single tenement within Romano and was granted for five years from 18 August 2026. It is registered to Cazaly Resources, while Dundas holds the right to earn an 80 per cent interest under the agreement announced in December 2025.
Historical air-core drilling at Bloodwood returned 12 metres at 3.31 grams per tonne gold from 20 metres, including four metres at 9.53 grams per tonne. A diamond hole beneath that position returned 2.95 metres at 1.95 grams per tonne from 113.45 metres, confirming gold in fresh rock below the shallow drilling.
Access approvals come before drilling
Dundas says drilling across the anomaly remains shallow, widely spaced and first-pass in character. No systematic reverse-circulation or diamond program has tested the full anomaly, while the structure has been drilled below the base of oxidation by only one hole.
The company will now progress native-title access, heritage clearance and reserve-entry approvals, compile and reinterpret historical datasets, and design a systematic RC and diamond program. No ground-disturbing work can begin until the required access and heritage steps are completed.
Exploration work could build after access
If approvals and program design advance, Bloodwood could create activity for exploration geologists, heritage and access teams, surveyors, field technicians, drilling contractors and remote-site support services. Dundas has not announced a drilling start date, program size or workforce numbers for Romano.
No Mineral Resource or Ore Reserve has been estimated for the project. The historical results were generated by previous explorers, and Dundas cautions that proximity to operating mines or deposits does not indicate mineralisation within Romano.
Source: Dundas Minerals Limited, “Bloodwood – Exploration Licence Granted”, 1 September 2026.