Dalaroo Metals have discovered multiple gold bearing quartz veins across a 1.5 kilometre trend at Goodbody, returning grades as high as 5.52 grams per tonne from a first pass reconnaissance trip over the prospect contained within a wholly owned 702 square kilometre Lyons River project in Western Australia’s Gascoyne province.
It adds further allure to a gold prospect which has already shown up to 6.25 grams per tonne, resting within a project with significant discovery potential for Broken Hill Type base metal deposits and new lithium potential pegmatite districts prospective and untested for lithium and rare earths.
The freshly discovered veins at the Goodbody West and Goodbody Central target areas line up with already defined gold-in-soil anomalies, open in all directions with a footprint of mineralised rock chips combining to around 1.5 kilometres within the broader prospect.
“The results of this very early-stage ground truthing have not only verified historic reports of gold mineralisation at the Goodbody prospect, but also extended it from the Goodbody West to Goodbody Central target zone 1.5km east,” managing director Harjinder Kehal said.
“Furthermore, we are encouraged by the success of our geochemical exploration methodologies in locating in-situ bedrock gold mineralization in the Lyons River Project.”
With its exploration methods validated, Dalaroo now plan an extended sampling program across the full three kilometres of Goodbody in April, while completing step-out sampling of its newly discovered systems.
DAL’s Australian Stock Exchange-listed share price is currently trading at 9.2c (9.40 am UTC+ 8 hours).