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Dalaroo stamp its Lyons River base metal BHT footprint

14 February 2023 11:11
ASX: DAL

Exploration continues to heat up at Dalaroo Metals Lyons River Project in Western Australia’s Gascoyne Province, with results from its phase two drilling program at Browns returning numerous mineralised intersections that extend the prospect’s lead-zinc-silver footprint to a thickness of approximately 400 metres in the central portion.

The new results from the 1,153 metre AC drilling program contain the thickest intercepts at the prospect to date, including 63m @ 1.76g/t Ag from 16m and 16m @ 1.43g/t Ag from 68m, providing evidence for potential northeasterly structures controlling higher grade mineralisation.

Alongside the new assays, Dalaroo also moved to resample selected one-metre assays from the first phase of drilling, which further confirmed high-grade lead, as well as zinc and silver intervals of 10m @ 1.04% Pb, 0.49% Zn 2.85 g/t Ag, suggesting localised high-grade base metal and silver mineralisation, exists within the subsurface mineral system at Browns.

With these exciting results, two phases of drilling show Dalaroo has further room to expand at Browns, with geology intersected at the northern edge of the prospect’s southern target, highlighting untested prospective continuing southbound.

The company said the results provide further evidence the project has the potential for large-scale Broken Hill Type base metal deposits.

“With further evidence for anomalism in Pb, Zn, or Ag within thick and extensive sections of stratigraphy, and localized high-grade Pb intercepts confirmed, in a geological setting compatible with the target mineral system style,” managing director Harjinder Kehal said.

With assays in hand, Dalaroo is now working to keep up the momentum, proposing to undertake induced polarisation geophysical surveys and deeper diamond drilling.

DAL’s Australian Stock Exchange-listed share price is currently trading at 9.0c (9.30 am UTC+ 8 hours).

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