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Dalaroo Metals (ASX: $DAL) commences diamond drilling program at Browns prospect

Dalaroo Metals Ltd initiates deep diamond drilling program at Browns prospect


Dalaroo Metals Ltd (ASX: $DAL) has commenced a deep diamond drilling program at its Browns prospect, Lyons River Project, located in the Gascoyne Province of Western Australia. The program aims to test a very significant 3km X 2km size Pb-Zn-Ag + Cu, Broken Hill type zone, partly funded by the Exploration Incentive Scheme grant of $180,000 awarded to Dalaroo in 2023. The diamond drill program is expected to be completed by the end of May 2024, with assay results anticipated during the September 2024 quarter.

Dalaroo Managing Director's Perspective on Diamond Drilling Program


Dalaroo Managing Director Harjinder Kehal expressed optimism about the ongoing diamond drilling program at Browns prospect, emphasizing its potential for discovering a new economic Broken Hill Type deposit in the Gascoyne Province. Kehal highlighted the program's role in enhancing the company's understanding of the structural features controlling BHT mineralization at Browns, situated within a Proterozoic age large basin setting of 30km by 10km within the Lyons River Project.

Outlook for Dalaroo Metals and Lyons River Project


The diamond drilling program at Browns prospect marks a significant step for Dalaroo Metals in its exploration efforts within the Gascoyne Province. The company's focus on testing the Pb-Zn-Ag + Cu zone reflects its commitment to identifying potential base metal deposits at the Lyons River Project. With the program's completion expected by May 2024 and assay results due in September 2024, Dalaroo Metals anticipates gaining valuable insights into the geological transition and the presence of economic Pb-Zn-Ag mineralization at the Browns Prospect. The company's exploration activities at Lyons River, particularly at the Browns and Four Corners prospects, demonstrate its dedication to uncovering new mineral deposits and furthering its understanding of the region's mineralization potential.

DALAROO METALS LTD
DAL | ASX | Materials
0.020.002(+11.11%)
At close 05/07 (AEDT)
Market cap
$1.7M
Volume
18,888
DY Yield
0
PE Ratio
0
52 Week Range
0.013 - 0.08
1YR Return
N / A

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