Dalaroo Metals Ltd (ASX:DAL)
Dalaroo Metals Ltd (ASX:DAL) is an exploration and resources development company focussed on lead-zinc-copper and Nickel-copper-PGE deposits.
The Company is targeting the discovery of Broken Hill Type lead-zinc-copper and intrusion hosted Nickel-copper-PGE deposits at its two core projects, located in the central wheat belt and Gascoyne regions of Western Australia:
The Namban Project is an under-explored ground package totalling 437 km located in the mid-north wheatbelt and considered by the Company to be prospective for magmatic intrusion related Ni-Cu-PGE deposits akin to the recent Chalice Mining Julimar/Gonneville discovery. Interpretation of aeromagnetic data by the Company has defined several magnetic intrusions/anomalies on its tenements. A near surface potassium rich zone has already been outlined within the Namban Project in the Watheroo area with an Exploration Target of 20 to 25 Mt at a grade range of 6% to 7% K 0.
Lyons River Project
The Lyons River Project is a strategic land position of 703 km in an emerging SEDEX/BHT province. First pass RC drilling in 2008 returned results with sphalerite, galena, chalcopyrite and silver intersected comprising 2.3% Pb, 0.3% Zn, 0.9% Cu & 4g/t Ag. Subsequent diamond drilling in December quarter 2020 has returned pXRF spectral results of 3.72% Zn, 3.58% Pb, and 2000ppm Cu. Laboratory assays results are due in September 2021.