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IPos

Comment: executive) Social Media: @DundasMinerals
Started 2022 on a positive note by increasing Focus: Gold, US Email: admin@dundasminerals.com
its stake in the Las Petacas copper project Key personnel: Mark Chadwick
to 66%, with the right to acquire as much Comment: (chairman), Shane Volk (managing
as 85% of its flagship asset. Drilling late A 2,000m drilling programme at the Western director), Tim Hronksy (technical
last year intersected broad zones of copper Desert gold-copper project in Utah began director)
mineralisation over a strike length of 500m in December following final BLM approval,
within an overall copper mineralised trend marking the first modern exploration to be Focus: Gold, nickel and copper, WA
exceeding 6km in strike length. Culpeo also completed in the area despite the presence
has the San Sebastian and Quelon projects of widespread mineralised outcrop. Drilling Comment:
at opposite ends of Chile’s coastal Cordillera is expected to take up to 3-4 months to Eleven of the 15 holes planned for the
region. complete. A maiden drill programme for company’s maiden drilling at the Kokoda
prospect, part of a 1,200sq km ground
Devils Canyon is planned pending approval holding in the Albany-Fraser Orogen, had
from the BLM. Rounding out Diablo’s US
Dalaroo Metals portfolio is the Lone Pine project where a been completed by mid-January. The rig
drone magnetic survey which identified new was then expected to be moved to the
ASX: DAL targets was completed late last year. Jumbuck project, some 8km to the west.
Listing date: September 28 In its prospectus, Dundas indicated none
of its licences have been subject to recent
IPO amount: $5 million DMC Mining Ltd exploration.
Share price range since listing: 12.5-39c
Address: Suite 1, 346 Barker Rd, ASX: DMM E79 Gold Mines Ltd
Subiaco WA 6008 Listing date: December 22
Tel: +61 8 6380 9675 IPO amount: $5 million ASX: E79
Website: dalaroometals.com.au Share price range since listing: 13.5-17c Listing date: October 7
Social Media: @DalarooMetals Address: Level 27, 44 St Georges Tce, IPO amount: $7 million
Email: info@dalaroometals.com.au Perth WA 6000 Share price range since listing: 23-30c
Key personnel: David Quinlivan (non- Tel: +61 8 6316 4674 Address: Level 1, 168 Stirling Hwy,
executive chairman), Harjinder Kehal Website: dmcmining.com.au Nedlands WA 6009
(managing director) Social Media: @DMC_Mining Tel: +61 8 9287 7625
Focus: Base metals, WA
Email: info@dmcmining.com.au Website: e79gold.com.au
Comment: Key personnel: David Sumich (executive Social Media:
A drill rig was secured upon listing for a chairman), William Witham (technical Email: info@e79gold.com.au
3,000m RC drilling programme at the Lyons director) Key personnel: Chris Cairns (non-
River lead-zinc-copper project, specifically Focus: Nickel, WA executive chairman), Peter Ironside
to test a 2,500m by 1,000m wide target at (non-executive director), Edward
the Four Corners prospect where primary Comment: Summerhayes (chief executive)
sulphide mineralisation was intersected One of the last IPOs to ring the bell before
from earlier EIS-funded diamond drilling. the year came to a close, DMC was able to Focus: Gold, WA
Assays from the eight holes completed swiftly start exploration at its 100%-owned
before Christmas were pending at the time Ravensthorpe nickel project last month, Comment:
of print. Dalaroo is also continuing systematic beginning with a high-resolution helicopter- Almost eight years after getting the band
geochemistry and geophysics at the borne EM and magnetic survey over the back together for the successful float
Namban nickel-copper-PGE project, about 62sq km property. Also in the nickel-focused of Stavely Minerals Ltd, former Integra
80km north of Julimar. company’s portfolio is Trinity project in the Mining directors Chris Cairns and Peter
Fraser Range where six high-priority targets Ironside have repeated the trick with E79
have been identified to date. Gold Mines. Aircore drilling at Laverton
Diablo Resources Ltd South will continue into next month, with
all results expected by April. Meanwhile, a
ASX: DBO Dundas Minerals ground gravity programme at Jungar Flats
Listing date: October 12 ASX: DUN in the Murchison was due to wrap at the
time of print.
IPO amount: $6.5 million
Share price range since listing: 10-20.8c Listing date: November 10 Eastern Metals Ltd
Address: Level 1, 10 Outram Street, IPO amount: $6 million
West Perth WA 6005 Share price range since listing: 18.5- ASX: EMS
Tel: +61 8 6383 7837 28.5c Listing date: October 25
Website: diabloresources.com.au Address: Suite 13, 100 Railway Rd, IPO amount: $4.5 million
Subiaco WA 6008
Email: info@diabloresources.com.au Tel: +61 457 024 143 Share price range since listing: 16.5-27c
Key personnel: Paul Lloyd (non- Address: Level 12, 225 George Street,
executive chairman), Lyle Thorne (chief Website: dundasminerals.com
Sydney NSW 2000

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