Reported Earnings • Mar 18
First half 2026 earnings released: AU$0.005 loss per share (vs AU$0.012 loss in 1H 2025) First half 2026 results: AU$0.005 loss per share. Net loss: AU$1.27m (loss widened 46% from 1H 2025). New Risk • Mar 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.3m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (AU$7.5k revenue, or US$5.2k). Minor Risk Market cap is less than US$100m (AU$18.8m market cap, or US$13.2m). New Risk • Dec 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (AU$35k revenue, or US$24k). Market cap is less than US$10m (AU$13.9m market cap, or US$9.31m). Minor Risk Share price has been volatile over the past 3 months (18% average weekly change). Annuncio • Oct 15
Dalaroo Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.35 million. Dalaroo Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1.35 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 24,545,455
Price\Range: AUD 0.055
Discount Per Security: AUD 0.0033
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Reported Earnings • Sep 30
Full year 2025 earnings released: AU$0.012 loss per share (vs AU$0.019 loss in FY 2024) Full year 2025 results: AU$0.012 loss per share. Net loss: AU$2.73m (loss widened 77% from FY 2024). Annuncio • Sep 29
Dalaroo Metals Ltd, Annual General Meeting, Nov 28, 2025 Dalaroo Metals Ltd, Annual General Meeting, Nov 28, 2025. Location: 1260 hay street, west perth, western australia Australia Annuncio • Jul 16
Dalaroo Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1 million. Dalaroo Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,100,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,900,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.0015
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 19
First half 2025 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in 1H 2024) First half 2025 results: AU$0.004 loss per share (in line with 1H 2024). Revenue: AU$30.4k (down 97% from 1H 2024). Net loss: AU$875.7k (loss widened 178% from 1H 2024). New Risk • Mar 15
New major risk - Revenue and earnings growth Earnings have declined by 4.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.0m free cash flow). Earnings have declined by 4.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (200% increase in shares outstanding). Revenue is less than US$1m (AU$114k revenue, or US$72k). Market cap is less than US$10m (AU$4.47m market cap, or US$2.83m). Annuncio • Oct 21
Dalaroo Metals Ltd Appoints Michael Brown as Director, Effective from 21 October 2024 Dalaroo Metals Ltd. appointed Mr. Michael Brown as Director, effective from 21 October 2024. Reported Earnings • Sep 28
Full year 2024 earnings released: AU$0.019 loss per share (vs AU$0.045 loss in FY 2023) Full year 2024 results: AU$0.019 loss per share (improved from AU$0.045 loss in FY 2023). Revenue: AU$1.12m (up AU$1.02m from FY 2023). Net loss: AU$1.54m (loss narrowed 38% from FY 2023). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Annuncio • Sep 27
Dalaroo Metals Ltd, Annual General Meeting, Nov 29, 2024 Dalaroo Metals Ltd, Annual General Meeting, Nov 29, 2024. Location: at level 2, 9 havelock street, west perth western australia, perth Australia Annuncio • Sep 25
Dalaroo Metals Ltd Announces Resignation of Harjinder Kehal as Managing Director, Effective 24 December 2024 Dalaroo Metals Ltd. announced that Mr. Harjinder Kehal has agreed to extend his Executive Service Agreement as Managing Director of the Company for a period of three (3) months to 24 December 2024. Mr. Kehal's current Executive Services Agreement expires on 24 September 2024, being three years after the Company was admitted to the official list of the ASX. During those three months, the Company will utilize the time to search for a new Chief Executive Officer to lead the company into the future. Commencement Date: 25 September 2024; Term: Three (3) months; Remuneration: $250,000 per annum; Termination: Mr. Kehal's employment agreement may be terminated by either the Company or Mr. Kehal by providing one (1) month's notice, except for within the final month of the Term when the notice period will be the remaining days of the Term. Annuncio • Sep 24
Dalaroo Metals Ltd Announces Resignation of Harjinder Kehal as Director, Effective 24 December 2024 Dalaroo Metals Ltd. announced that Mr. Harjinder Kehal has agreed to extend his Executive Service Agreement as a Director of the Company for a period of three (3) months to 24 December 2024. Mr. Kehal's current Executive Services Agreement expires on 24 September 2024, being three years after the Company was admitted to the official list of the ASX. During those three months, the Company will utilize the time to search for a new Chief Executive Officer to lead the company into the future. Commencement Date: 25 September 2024; Term: Three (3) months; Remuneration: $250,000 per annum; Termination: Mr. Kehal's employment agreement may be terminated by either the Company or Mr. Kehal by providing one (1) month's notice, except for within the final month of the Term when the notice period will be the remaining days of the Term. New Risk • Sep 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Shareholders have been substantially diluted in the past year (227% increase in shares outstanding). Revenue is less than US$1m (AU$1.1m revenue, or US$763k). Market cap is less than US$10m (AU$6.71m market cap, or US$4.57m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Aug 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 227% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Shareholders have been substantially diluted in the past year (227% increase in shares outstanding). Revenue is less than US$1m (AU$1.1m revenue, or US$762k). Market cap is less than US$10m (AU$5.96m market cap, or US$4.05m). Annuncio • Jun 28
Dalaroo Metals Ltd Announces Directorate Changes Dalaroo Metals Ltd. announced that Bilal Ahmad and Joshua Gordon have been appointed as Non-Executive Directors of Dalaroo. Mr. Bilal Ahmad is an accomplished investor with an extensive 15-year track record of strategic investments in ASX-listed companies and private ventures. His focus spans the resources, technology, and life science sectors, where he has consistently deployed capital to support growth and innovation of emerging companies. Mr. Ahmad holds a Bachelor of Medicine and a Bachelor of Surgery. Mr. Joshua Gordon is an experienced corporate finance professional who has raised capital for many small and emerging resource and energy companies on the ASX. Mr. Gordon is well versed in all facets of the Equity Capital Market transaction lifecycle with deep experience in transaction origination, structuring, execution and distribution. Mr. Gordon holds a Bachelor or Commerce (Finance) from Monash University and a Master of Management (Accounting) from the University of Melbourne. Mr. Gordon is also a Non- Executive Director of Traka Resources Limited and Advance Metals Limited. Mr. Robert Beeck has also resigned as a director of Dalaroo. New Risk • Oct 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.4m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m (AU$95k revenue, or US$60k). Market cap is less than US$10m (AU$3.26m market cap, or US$2.06m). Annuncio • Oct 20
Dalaroo Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.336 million. Dalaroo Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.336 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,600,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,800,000
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0008
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Board Change • Oct 18
No independent directors There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Non-Executive Director Robert Beeck is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Annuncio • Oct 05
Dalaroo Metals Ltd, Annual General Meeting, Nov 30, 2023 Dalaroo Metals Ltd, Annual General Meeting, Nov 30, 2023, at 11:00 W. Australia Standard Time. Location: Level 1, Suite 9, 110 Hay Street, Subiaco Western Australia Australia Reported Earnings • Sep 29
Full year 2023 earnings released: AU$0.045 loss per share (vs AU$0.056 loss in FY 2022) Full year 2023 results: AU$0.045 loss per share (improved from AU$0.056 loss in FY 2022). Net loss: AU$2.47m (loss narrowed 7.3% from FY 2022). New Risk • Sep 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.7m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m (AU$8.2k revenue, or US$5.3k). Market cap is less than US$10m (AU$4.10m market cap, or US$2.64m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (41% increase in shares outstanding). New Risk • Sep 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.7m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m (AU$8.2k revenue, or US$5.2k). Market cap is less than US$10m (AU$3.80m market cap, or US$2.42m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (41% increase in shares outstanding). New Risk • Jun 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 25% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.7m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$8.2k revenue, or US$5.5k). Market cap is less than US$10m (AU$4.72m market cap, or US$3.18m). Minor Risks Less than 3 years of financial data is available. Shareholders have been diluted in the past year (25% increase in shares outstanding). Reported Earnings • Mar 08
First half 2023 earnings released: AU$0.029 loss per share (vs AU$0.028 loss in 1H 2022) First half 2023 results: AU$0.029 loss per share (further deteriorated from AU$0.028 loss in 1H 2022). Net loss: AU$1.57m (loss widened 18% from 1H 2022). Annuncio • Feb 18
Dalaroo Metals Ltd. Commences a Diamond Drilling Program at its Manning Prospect, Namban Project Dalaroo Metals Ltd. commenced a diamond drilling program at its Manning prospect, Namban Project. The drilling program is seeking to test significant Ni-Cu-PGE*+Au geochemical anomalies that are coincident with IP anomalies with high chargeability values of up to 40 mV/V. The Manning prospect is located 150km north of Perth and 90km north of Chalice Mining's world class Julimar Ni-Cu-PGE Project. The diamond drill program will be partly funded by Dalaroo's successful application in Round 26 of the Exploration Incentive Scheme sponsored by the Government of Western Australia. The grant is for an amount of up to $175,000 from the Department of Mines, Industry Regulation and Safety ("DMIRS"), structured as a contribution towards 50% of direct drilling cost. The diamond drill program underway is expected to be completed by mid-March 2023. Drill core samples, once logged and processed will be dispatched for multi-element analyses with assay results expected during the June 2023 quarter. Drill holes will be cased and ready for downhole geophysical surveys. The diamond drilling program underway at Manning is expected to confirm the presence of magmatic intrusion hosted Ni-Cu-PGE+Au and or hydrothermal deposits north of Chalice Mining's Goneville Ni-Cu-PGE deposit and the recent discovery by Minerals 260 of Au-Cu mineralisation at Angepena, Mynt and Zest prospects located 10km to the south-east. The drilling is also expected to provide important information on the stratigraphy, lithologies and alteration assemblages related to the identified geochemical and geophysical anomalism at Manning. Subsequently, expanding the current understanding of controls on magmatic Ni-Cu-PGE+Au and hydrothermal/structural hosted mineralisation in the emerging West Yilgarn Province". Annuncio • Dec 07
Dalaroo Metals Ltd Commences Follow Up Aircore Drilling At Browns Prospect Dalaroo Metals Ltd. advised that a follow-up focused program of air core (AC) drilling of 2,000m has begun at the Browns prospect, Lyons River Project (Lyons River or Project). Browns is one of six significant base metal (Pb-Zn) anomalies in soils identified across the 100% owned Lyons River project (703 km2) through staged systematic soil geochemical surveys. Browns represents the second site of Pb-Zn-Ag intersections discovered by bedrock drilling in the Mutherbukin Zone, 5km east of Dalaroo's Four Corners Pb-Zn-Ag prospect. Combined, the anomalous soil base metal zones span a 30 km x 10 km area of Paleoproterozoic basin stratigraphy within the Mutherbukin Zone, Gascoyne Province. First pass AC drill program had only tested the northern part of the 2 km x 1 km zone of Pb-Zn soil/rock chip anomalism at Browns. Early geological interpretation of the recent drilling results and the available gravity and magnetics data outline an interpreted sub-basin fold or trough structure south of current drilling. Such a structure may represent a deeper portion of the paleo-basin architecture and a favourable environment for formation of prospective host stratigraphy. Significantly, this interpreted structure spatially coincides with elevated lead and zinc in soil and high grade ironstone/gossanous subcrops. Annuncio • Dec 03
Dalaroo Metals Ltd Announces New REE and Li Prospective Pegmatite Districts Identified at Lyons River Dalaroo Metals Ltd. announced results from systematic soil geochemical sampling and recent geological reconnaissance relating to Rare Earth Elements (REE) prospectivity and pegmatite-associated Li in the Lyons River Project. Numerous pegmatite swarms have been confirmed and geochemical sampling completed at the Marloo River and View Hill prospect areas. At Marloo River, an initial soil sampling campaign (100 x 250m sample spacing) has revealed zones of elevated REEs (up to 1278 ppm TREO) and Li (up to 93.5 ppm). These anomalies are associated with feldspar-muscovite-quartz-dominant pegmatites with locally biotite-rich zones, that have intruded a micaceous pelitic schist package, likely of sedimentary rock origin. Within the vicinity of soil samples containing >1000 ppm TREO and >90 ppm Li, an outcropping feldspar-biotite-rich pegmatite body was rock chip sampled (sample 2310AR_002) and returned assay values of 0.89% TREO and 215 ppm Li. In the northern extents of the Marloo River prospect area, a single soil line extension revealed 842 ppm TREO in soils that remains open to the west and east. Pegmatite outcrops extending over hundreds of metres have also been observed in this area. Dalaroo's lithium anomalous rock chip results targets are located approximately 22 km south-west of the Yinnetharra Lithium Project. The Yinnetharra Lithium Project was recently acquired by Red Dirt for an initial purchase price consideration of $AUD15 million, following significant drill intersections that included 23m at 1.02% Li2O. Pegmatites in the Yinnetharra district form part of the intrusive Thirty Three Supersuite ("TTS"), which comprises granite, granitic pegmatites (microcline-muscovite-tourmaline) and rare-metal pegmatites. The recent field mapping have confirmed that the granites and pegmatites of the TTS have also intruded the host stratigraphy of the Lyons River Project tenements. Selective reconnaissance rock chip sampling completed at View Hill of the granitic pegmatites has demonstrated whole rock geochemistry that is considered high fertility for LCT-type pegmatites associated with Li mineralization. Assays from the pegmatite swarm that extends across a 9km X 6km area have returned highly anomalous values of 114 ppm Li, 1638 ppm Rb, 187 ppm Nb and 182 ppm Sn. Rock chip sampling of pegmatites in other targeted pegmatite swarm areas, west of View Hill, has returned significant Ta and Nb values of 116ppm and 329ppm respectively with anomalous Rb of 904ppm. At Marloo River, detailed mapping and representative rock chip sampling of pegmatites will be completed across the prospect area. Whole rock geochemistry of the various pegmatite bodies and any significant internal zonation may then be assessed for a potentially large scale rare metal mineralization system at Marloo River. Additionally, in the northern extents of the prospect area, step out soil sampling will be carried out adjacent to the > 700 ppm TREO soil anomaly identified in the sampling to date. In the View Hill pegmatite zone, regional scale north-south oriented 100m-spaced soil sampling transects is underway to assess geochemical zonation and, therefore, trends in fertility and rare metal/Li prospectivity across the large 9 km x 6 km area. It is expected that definition of such geochemical trends will aid in vectoring towards high-grade rare metal mineralization at the deposit scale. Annuncio • Nov 28
Dalaroo Metals Ltd Announces Gold Anomalism 3KM Strike Length at Goodbody Prospect Dalaroo Metals Ltd. advised that it has received assay results for recently completed infill and step-out soil sampling at its newly identified Goodbody gold prospect, in the western part of the Lyons River Project. The 3 km long trend comprises three higher strength anomalous zones (>10 ppb Au), forming separate sub-targets within the Goodbody prospect; Goodbody West, Goodbody Central, and Goodbody East. The Goodbody Central and Goodbody East targets form discrete high strength anomalies within a 3 km long continuous trend of >2 ppb Au-in-soils. Technical Commentary: The Goodbody gold prospect was defined in April 2022 from a review of Dalaroo's soil geochemical sampling which was previously completed on a pattern of 250m X 50 to 100m over several campaigns by Serena Minerals Limited (period 2017 to 2021). A peak value of 93ppb Au was returned from the now named Goodbody Central target. Rock chip sampling at Goodbody was carried out by Audalia Resources Limited during 2014 to 2015, with anomalous Au results of 0.40g/t, 0.32g/t, 3.17g/t, and 6.25g/t returned from low-lying ferruginous quartz vein outcrops at the now named Goodbody West target. The anomalous Au-in-soil footprint displays an apparent east-west orientation, sub-parallel to the local structural-stratigraphic trends and major WNW-striking regional shear zones in the district, which transect the Lyons River Project and wider Gascoyne Province. The Geological Survey of Western Australia interpret such structures to represent major crustal shear zones and tectonic boundaries. It is noted that high-strength soil anomalies associated with the Goodbody West, Central and East targets spatially coincide with the location of intersections between interpreted WNW-striking structures and NNE-trending structures. Conceptually, structural intersection zones represent potentially intensified deformation areas that may be associated with favourable sites of hydrothermal fluid movement and gold mineralization. As such, the Goodbody Au targets are considered high priority for follow-up exploration work. Continued review of historical geological mapping and sampling has also led to recognition of an additional early-stage gold prospect within the Lyons River Project, referred to as the Alpha Au prospect, situated 13 km southeast of the Goodbody Au prospect. Alpha was first identified during geological reconnaissance rock chip sampling by Audalia Resources Limited in 2014, with a ferruginous quartz vein returning 0.37g/t Au. Significantly, the Alpha prospect is situated in proximity to, and within the interpreted wider deformation domain of, the same major regional WNW-striking shear zone that is associated with the Goodbody prospect; with Goodbody to the north, and Alpha to the south, of this major structural corridor. To date no soil sampling or ground reconnaissance for gold at the Alpha prospect has been completed. Next Steps: Dalaroo proposes to complete geological reconnaissance, rock sampling and prospect-scale geological mapping of the Goodbody prospect in the December 2022 quarter. This will provide important geological and structural context for the Goodbody Au mineralized system and aim to locate in-situ Au- mineralized structures and rock units associated with the soil anomalism. The main Goodbody gold anomalous footprint remains open and poorly defined for several hundred metres west of the Goodbody West target and east of the Goodbody East target. Additionally, in a weaker anomalous zone in the northern extents of the prospect area, a 22 ppb Au sample remains open to the north. Follow-up soil sampling will step-out from these unconstrained anomalous sample sites and explore for further continuities of Au-elevated soils. First-pass soil sampling is proposed for the Alpha Au prospect 13km southeast and approximately along-trend of Goodbody. The combination of results from these programs will assist in the targeting and design for next phase of exploration during 2023. Annuncio • Nov 16
Dalaroo Metals Ltd Announces Recently Identified High-Grade Base Metal and Silver Assay Results Ahead of the Commencement of Follow Up (Second Phase) Ac Drilling Program At the Browns Prospect Dalaroo Metals Ltd. announced recently identified high-grade base metal and silver assay results ahead of the commencement of follow up (second phase) AC drilling program at the Browns prospect. The ferruginous and gossanous rock units hosting the anomalous rock chip samples reported were discovered during recent geological site inspections of the Browns July 2022 AC drill zone. During this field work, geologists identified previously unsampled ironstone/ferruginous and locally gossanous rock units and float rock over a strike of approximately 60m, within the vicinity of drillholes intersecting Pb, Zn and/or Ag mineralization. These units have returned the highly anomalous base metal (up to 39.6% Pb, up to 0.71% Zn) and silver (up to 82 g/t Ag) concentrations reported herein. Furthermore, it is noted that numerous mineralized samples contained co-enrichments of Cadmium (18 ppm), Thallium (32.9ppm) and Manganese (8400ppm) - an element suite associated with large-scale sedimentary rock hosted base metal mineralized systems (e.g. Large et al., 19991). Additionally, geologists have noted surface expressions of nickeliferous ultramafic rock units intersected in drilling (including 49m @ 0.24% Ni from 12 m [LRAC007]; as weathered ultramafic caprock units that extend eastwards over 100m beyond the drilled intersections. Browns was targeted as one of six significant base metal (Pb-Zn) anomalies in soils identified across the 100% owned Lyons River project (703 km2) through staged systematic soil geochemical surveys. Browns represents the second site of Pb-Zn-Ag intersections discovered by bedrock drilling in the Mutherbukin Zone, 5km east of Dalaroo's Four Corners Pb-Zn-Ag prospect. Combined, the anomalous soil base metal zones span a 30 km x 10 km area of Paleoproterozoic basin stratigraphy within the Mutherbukin Zone, Gascoyne Province. The first pass AC drilling program completed in July 2022 outlined a new and significant BHT/Sediment hosted-style Pb-Zn-Ag mineralization, which has been defined over approximately 800m of strike length and remains open in all directions. Significant Pb-Zn sulphide intercepts from the July 2022 Browns AC drilling (ASX: DAL - see release from 12 September 2 Drill hole LRAC010: 16m @ 0.72% Pb, 0.35% Zn and 2g/t Ag from 32m, including 8m @ 1.1% Pb and 2.50 g/t Ag from 36m. Drill hole LRAC008: 28m @ 0.41 % Pb, 0.20% Zn from 0m, including 8m @ 0.75% Pb, 0.20% Zn and 1.25 g/t Ag from 16m. First pass AC drill program has only tested the northern part of the 2 km x 1 km zone of Pb-Zn soil/rock chip anomalism at Browns. Early geological interpretation of the recent drilling results and the available gravity and magnetics data outline an interpreted sub-basin fold or trough structure south of current drilling. Such a structure may represent a deeper portion of the paleo-basin architecture and a favourable environment for formation of prospective host stratigraphy. Significantly, this interpreted structure spatially coincides with elevated lead and zinc in soil and ironstone subcrop rock chip samples. The significant results of Pb-Zn-Ag rock chips and AC drilling to date continue to confirm the potential for multiple Pb-Zn discoveries in the Lyons River project, an emerging new Broken Hill Type (BHT) /Sediment-hosted deposit-style terrain in Western Australia. Exploration activities planned for the Browns prospect for the remainder of 2022 include a focused follow up 2nd phase AC drill program comprising 24 angled AC drill holes for approximately 2,000 metres. The Company's AC drill program at the Browns prospect is designed to test the following: Up dip and step out from LRAC010 significant intersection of 8m of 1.1% Pb and 2.5g/t Ag. Northern limb of interpreted synclinal fold closure defined by detailed gravity, coincident with NW-striking and stratigraphy-parallel trend of anomalous Pb-Zn in soils and rock chips from outcropping ferruginous bands. A NE-trending structural feature adjacent to drilled Pb-Zn-Ag mineralized intercepts, interpreted from gravity/magnetic and aerial imagery datasets. Untested discrete Zn-in-soil anomalism Systematic and detailed rock chip sampling is underway in areas of Rare Earth anomalism including area with previously reported results of up to 0.15% TREO at Lyons River. A program of field geological mapping and rock chip sampling of outcropping pegmatites on the high priority lithium targets, generated by multi-element data review is underway. Soil geochemical sampling programs at the lithium targets is being completed. Results from the field geological mapping coupled with rock chip sampling and subsequent infill soil geochemical sampling programs will guide the next phase of exploration. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman David Quinlivan was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Oct 21
Dalaroo Metals Ltd Provides an Update on Namban Project Dalaroo Metals Ltd. announced that its application has been successful in Round 26 of the Exploration Incentive Scheme ("EIS") funded by the Government of Western Australia. The grant will co-fund drill testing of a compelling PGE-Ni-Cu-Au mineralisation target at the Company's Namban Project. The grant is for an amount of up to $175,000 from the Department of Mines, Industry Regulation and Safety (DMIRS), structured as a contribution towards 50% of direct drilling costs at the Namban PGE-Ni-Cu-Au focused Project, which is located 80km north of Perth. The Company plans to drill five diamond core holes and the EIS-funded drilling is expected to confirm the presence of magmatic hosted PGE-Ni-Cu-Au and hydrothermal deposits north of Goneville/Julimar and the recent discovery of Au-Cu mineralisation at Angepena, Mynt and Zest located 10 km to the south-east. This work will provide important information on the stratigraphy, lithologies and alteration assemblages related to the identified geochemical and geophysical anomalism at Manning. Subsequently, expanding the current understanding of controls on magmatic Ni-Cu-PGE-Au and hydrothermal/structural hosted mineralisation in this district. A Programme of Work for the diamond drill programme has been approved by DMIRS and Dalaroo has entered into a land access agreement with the local farmer for the granting of surface mineral rights. Dalaroo's Namban Project is an under explored ground package located 150km north-northeast of Perth located within Southwest Terran of the Archaean Yilgarn Craton ("Craton"). The Project covers a strike distance of 60 km adjacent the crustal-scale Darling Fault which defines the western margin of the Craton. Greenfields exploration activity has increased significantly within the Southwest Terrain since the Goneville/Julimar magmatic PGE-Ni-Cu discovery in April 2020, leading to a rerating of the mineral prospectivity of the area. Recent exploration programs in this area have returned additional quality greenfield drill intersections, not only for magmatic nickel sulphide as at Caspin Resources Yarawindah Brook Project (Serradella prospect), but also gold (Au) and copper (Cu) at Minerals 260's Moora Project. The wide variety of mineralisation intersections further underpins the prospectivity of the Southwest Terrain, however the current geological understanding of the area remains in its infancy. It is important to note the common pathway leading to these new greenfields drill intersections was the testing of surface multi-element surface geochemistry anomalism aligning with coincident geophysical anomalies. There has been no previous drilling completed at the Manning Prospect and its surrounds to date. All previous exploration activities have been completed in the Bindi Bindi area located to the east. To the north and south of the Manning prospect, historical exploration was centered on the search for talc deposits in what is termed the "Moora Talc Belt". No modern systematic exploration has been undertaken over Namban area for PGE-Ni-Cu-Au until the recent work completed by Dalaroo. The geology of the Project area comprises the Proterozoic age Moora Group rocks, which occur in a strip between the crustal scale Darling Fault and the Archaean granite gneisses in the east. The main rocks of the Moora Group that outcrop comprise, Billeranga Sub-group - Dalaroo Siltstone and Coomberdale Sub-group - Noondine Chert. The Billeranga Subgroup contains volcaniclastic components postulated to have been deposited during a failed Proterozoic Rift. The Dalaroo Siltstone unconformably overlies the Archean crust at a shallow angle. Within the Archaean felsic gneiss package, zones of hematite +/- epidote +/- chlorite alteration have been observed. The Manning PGE-Cu- Ni-Au anomaly lies on or near the terrain boundary between Archaean age gneisses and mafic rocks and the Billeranga Subgroup Dalaroo Siltstone to the west. Newly acquired generative datasets and encouraging results achieved include detailed drone "UAV" surveys which have identified multiple magnetic anomalies. Systematic auger geochemical sampling at Manning, spaced on a pattern of 100 X 50m and 200 X 50m, has led to the recognition of a large coincident PGE-Cu-Ni-Au anomaly which covers an area of 2 km X 0.5 km, which remains open along strike. The palladium (Pd) anomaly with a peak value of 28ppb is coincident with Cu (peak value of 605 ppm) and Ni anomalism (peak value of 206 ppm) (Figure 2). At Manning, Au values up to 43ppb occur in the west, complementing first phase soil geochemical Au values of up to 224ppb in the east. A Dipole Dipole Induced Polarisation (DDIP) survey of 6.8 line km has delineated a number of high chargeability IP anomalies which are postulated to represent a disseminated sulphide body at depth. The Manning PGE-Ni-Cu- Au, anomaly overlies a coincident induced polarisation (30mV/V conductive) response along the edge of a positive magnetic "intrusive like" feature (Figures 4 & 5). The combination supports the Project's prospectivity for either magmatic intrusion PGE-Ni-Cu deposits or potentially, a hydrothermal style variant or phase in a likely mafic intrusive host rock. Annuncio • Sep 28
Dalaroo Metals Ltd, Annual General Meeting, Nov 30, 2022 Dalaroo Metals Ltd, Annual General Meeting, Nov 30, 2022, at 11:00 W. Australia Standard Time. Location: Celtic Club, 48 Ord Street West Perth Western Australia Australia Annuncio • Sep 12
Dalaroo Metals Ltd Announces Multiple Lead-Zinc Sulphide Intersections First Drill Program at Browns in Gascoyne Dalaroo Metals Ltd. has recently completed an AC drilling program which has outlined new and significant BHT/SEDEX-style Pb-Zn-Ag mineralization at the Browns prospect. Browns is one of six Pb-Zn soil geochemical prospects identified from large systematic soil geochemical programs (sample spacing 250 X 50-100m) at Lyons River within a Proterozoic Age basin setting covering an area of 30 km by 10 km. Lyons River comprises a strategic (100% owned) land position of 703 km2 within the Paleoproterozoic Mutherbukin Zone of the Gascoyne Province. The significant Pb-Zn AC results from Browns further confirm that Lyons River has potential to host multiple Pb-Zn discoveries and is emerging as a new Broken Hill Type (BHT) /Sedimentary Exhalative (SEDEX) deposit setting in Western Australia. A total of 20 angled AC drill holes for 1,216 metres ranging in depth from 49 to 73 metres were completed. The Company's AC drill program at the Browns prospect was designed to test a very compelling broad Pb-Zn soil and rock chip geochemical anomaly (max 1,445ppm Pb, 1,080 Zn ppm) covering an area of 2km X 1km, associated with extensive iron-rich and gossanous material at surface. Detailed gravity surveys (200m X 50m spacing), completed by the Company in the second half of 2021, complemented historical surveys by BHP and show a coincident gravity low suggesting an area of possible deepening basin development at Browns. The northern part of the Browns coincident Pb and Zn soil geochemical anomaly appears to lie at the intersection of two NW-SE striking parallel features identified within the magnetics/gravity data that are interpreted as thrust structures. Dalaroo's AC drill program was successful in intersecting zones of interbedded psammitic to pelitic lithologies together with multiple zones of disseminated base metal sulphides such as galena and sphalerite. The psammitic to pelitic lithologies display varying garnet intensities that appear laterally extensive coupled with the presence of sillimanite infer a large alteration halo is present at Browns. More than 800m of strike length lead-zinc mineralization has been outlined at Browns which remains open in all directions. The AC drill program has only tested the northern part of the 2km X 1km Pb-Zn soil/rock chip anomaly. Ag intercepts are coincident with Pb and Zn assays and further support the presence of BHT/SEDEX-style of mineralization. Significant Pb-Zn sulphide intercepts from Browns AC drilling 4m composite samples include: Drill hole LRAC010 - 16m at 0.72% Pb, 0.35% Zn and 2g/t Ag from 32m including 8m at 1.1% Pb and 2.50 g/t Ag from 36m; Drill hole LRAC008 - 28m at 0.41 % Pb, 0.20% Zn from 0m including 8m at 0.75% Pb, 0.20% Zn and 1.25 g/t Ag from 16m. Browns represents the second site of Pb-Zn-Ag intersections discovered by bedrock drilling in the Mutherbukin Zone, 5km east of the Dalaroo's Four Corners Pb-Zn-Ag prospect. At Four Corners encouraging primary zinc (sphalerite) and lead (galena) sulphide mineralisation has been intersected in previous diamond (2020) and RC drilling (2021) with drill results of: Drill hole LRDD003 - 0.2m at 3.05% Pb, 1.37% Zn and 3 g/t Ag from 223.2m; Drill LRRC001 - 1m at 0.43% Pb, 0.95% Zn and 7.5 g/t Ag from 47m; Drill hole LRRC006 - 9m at 0.34 % Pb, 0.21% Zn and 1g/t Ag from 141m including 5m at 0.48% Pb, 0.26% Zn and 1.3 g/t Ag from 144m. AC drill hole LRAC007 has intersected an ultramafic unit with an early strong nickel (Ni) intersection of: 49m at 0.24% Ni from 12m including 8m at 0.33% Ni from 16m. Petrological studies highlight that the ultramafic unit comprises olivine-enstatite with partial late stage serpentinisation. Trace amounts of nickel sulphides have been observed. The ultramafic unit possibly extends to the east, where in drill hole LRAC019, a fine-grained high Mg basalt has been described from petrological work. High Mg values from multi-element data suggest this may be related to the ultramafic unit. Chalcopyrite as blebs and veinlets has been noted in petrological work. Geophysical Total Magnetic Intensity imagery suggests the ultramafic unit is not conformable with the lithological sequence and swings to a north trending orientation. Exploration activities planned for the Browns BHT/SEDEX prospect for the remainder of 2022 include the following: AC drill test the sub-basin fold structure with anomalous Pb-Zn anomalism in the larger Browns 2km X 1km Pb-Zn anomaly once approvals are place; Detailed geological mapping; Downhole geophysical surveys including EM and or IP. A program of field geological mapping and rock chip sampling of outcropping pegmatites on the high priority lithium targets, generated by multi-element data review is underway. Infill soil sampling programs at the lithium targets is being completed. Results from the field geological mapping coupled with rock chip sampling and subsequent infill soil geochemical sampling programs will guide the next phase of exploration including, RC drill testing to determine the extent of Li rich pegmatites. At Goodbody a broad east-west structural corridor containing gold anomalism and rock chip values of up to 6.25 g/t Au occurs over a strike length of several kilometres with the potential to host gold deposits. The Goodbody gold anomaly remains open to the west. Further exploration comprising infill soil geochemical sampling at Goodbody will continue into the September/December quarter 2022. AC drilling of this compelling gold target is also proposed, once site relevant access approvals are in place. Annuncio • Sep 01
Dalaroo Metals Ltd Announces Company Secretary Changes Dalaroo Metals Ltd. announced that Mr. John Arbuckle has been appointed as the Company Secretary of the Company. Mr. Arbuckle is an accountant with over 30 years' experience in the resource industry with extensive experience in Company Secretary, Chief Financial Officer and Non-Executive Director roles in ASX listed companies. Mr. David Peterson has resigned as the Company Secretary. Annuncio • Jul 25
Dalaroo Metals Ltd Announces Maiden AC Drilling Commences At Browns Prospect, Lyons River Dalaroo Metals Ltd. provided an update on exploration activities at the Lyons River Project ("Lyons River" or "Project"), where a program of air core (AC) drilling has begun at the Browns prospect following the completion of a heritage survey and approvals (Figure 1). The AC drilling program is expected to consist of approximately 1,500m. Lyons River comprises a strategic (100% owned) land position of 703 km2 within the Proterozoic Mutherbukin Zone of the Gascoyne Province, Western Australia. The Company believes the district is an emerging Broken Hill Type ("BHT") /Sedimentary Exhalative ("SEDEX") deposit setting. The Browns prospect is one of six Pb-Zn soil geochemical prospects identified at Lyons River within a Proterozoic Age basin setting covering an area of 30 km by 10 km. The Company's maiden AC drill program at the Browns prospect is designed to test a very compelling broad Pb-Zn soil and rock chip geochemical anomaly (max 1445ppm Pb, 1080 Zn ppm) with a strike length of 2km and width of 1km, associated with extensive iron-rich and gossanous material at surface. Detailed gravity surveys completed by the Company in 2021, complementing historical surveys by BHP, show a coincident gravity low suggesting an area of possible deepening basin development at Browns, potentially associated with a base metal zone of mineralisation. The northern part of the Browns coincident Pb and Zn soil geochemical anomaly appears to lie at the intersection of two NW-SE striking parallel features identified within the magnetics/gravity data that are interpreted as thrusts structures. Annuncio • Jun 20
Dalaroo Metals Ltd. Announces Multiple Induced Polarisation Anomalies at Manning Within the Namban Project Dalaroo Metals Ltd. announced that multiple Induced Polarisation (IP) anomalies have been outlined that are coincident with the recently defined large PGE-Ni-Cu-Au geochemical anomalies at Manning within the Namban Project. The main Manning PGE anomaly covers an area of 2 km X 0.5 km (with a peak value of 28ppb that is coincident with Cu peak value of 605 ppm and Ni anomalism (peak value of 206 ppm). The Namban Project is located 150km north-northeast of Perth, adjacent to the regional center of Moora in Western Australia, in the newly defined Yilgarn Ni-Cu Province. An orientation Dipole Dipole Induced Polarisation (DDIP) survey was undertaken at Manning during May/June 2022. The DDIP survey was designed to cover PGE-Ni-Cu-Au auger geochemical anomalies to determine if a sulphide basement source was present that may reflect primary mineralisation. Originally planned as seven east-west oriented traverses of various line lengths and spacings, the survey was subsequently modified due to access limitations because of wheat cropping. The field acquisition of the IP data was monitored and then interpreted by Core Geophysics before inversions were conducted converting the pseudo section results to chargeability and resistivity depth. The IP survey consisted of six lines of which five were oriented east-west and one north-south. Of these, only Line 1 effectively covered the centre of the southern extent of the Manning PGE-Ni-Cu geochemical anomaly. Line 1 was fully completed and displays a well formed, but weak chargeability anomaly (4mV/V) at a depth of 120m. This position correlates well with Pd-Au geochemical anomalism defined by Dalaroo and requires follow up IP surveys to the south. The resistivity on Line 1 may reflect the Archean/Proterozoic contact. Line 9 at the northern end of the DDIP survey returned high chargeability values of up to 30 mV/V which correlates well with anomalous PGE-Ni-Cu geochemistry results. The north-south Line 10 was effective in covering the central spine of the large Manning PGE-Ni-Cu geochemical anomaly, returning elevated chargeability results. Upcoming Exploration Milestones: At Manning, the consulting geophysicist, Core Geophysics has recommended that these IP results be followed up with additional IP as per the original planned survey, when full access is available, to further validate the chargeable anomalies and with potential for follow up RC drill testing for primary sulphide PGE-Ni-Cu-Au mineralisation at Manning. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman David Quinlivan was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Apr 11
Dalaroo Metals Provides Namban Project Exploration Update Dalaroo Metals Ltd. provided an exploration update on activities at its Namban Project located ~ 150km north-northeast of Perth and adjacent to the regional centre of Moora in Western Australia. Following the completion of the annual grain harvest, systematic auger geochemical sampling was completed covering larger areas at Manning with multi-element results received. The Manning anomaly lies immediately to the west of Minerals 260's Mallory PGE-Au anomaly. In addition, analytical results have been received from the maiden aircore (AC) drilling program at the Cattady PGE-Au anomaly within the Namban Project area. The Company's maiden AC drilling program, undertaken to test areas of surface geochemical Pd and Au anomalism at Cattady has been completed. The Cattady Anomaly comprised two parallel platinum-group element (PGE) trends with values of up to 97ppb Pd + Pt, 28ppb Au and peak anomalous values of 642 ppm Nickel (Ni) and 226 ppm Copper (Cu) outlined over a 1km strike length. The AC drilling program goals were to obtain an understanding of the regolith profile and provide key geological constraints on the rock types that underlie the surface soil geochemical Pd and Au anomalism, with a focus on identifying potential mafic lithologies that confirm geochemical anomalism that could be prospective for hosting magmatic PGE-Ni-Cu mineralization. At Manning, follow up geophysical surveys comprising IP and EM are proposed to determine the significance of the large PGE-Cu-Ni-Au anomaly. At Cattady, anomalous PGE and multi-element results from AC drilling will be assessed further in conjunction detailed magnetics. Further land access agreements are being negotiated to allow expansion of the geochemical sampling coverage to the north and south and determine the full extent of precious metal and PGE anomalism at Cattady. Additional magnetic targets identified from recently completed detailed drone surveys in the Moora region are being assessed, with geochemical sampling to be completed over areas that are not being cropped. Annuncio • Apr 05
Dalaroo Metals Ltd Announces New Gold Prospect Outlined At Lyons River in Gascoyne Dalaroo Metals Ltd. has finalised a review of geochemical data from previous exploration undertaken at its Lyons River Project. The Company has identified the high-priority Goodbody gold prospect which has a strike length of 1.5km. Goodbody is located five kilometers to the west of its Four Corners BHT/SEDEX Pb-Zn base metal prospect. The Goodbody gold prospect has been outlined from a review of soil geochemical sampling which was previously completed on a pattern of 250m X 50 to 100m over several campaigns by Serena Minerals Limited (period 2017 to 2021) with a peak value of 93ppb Au. Rock chip sampling of quartz veins by Audalia Resources Limited during 2014 to 2015 1 & 2 returned anomalous gold values of 0.40 g/t and 0.32 g/t, with subsequent rock chip sample results of up to 6.25 g/t at Goodbody. The results of soil geochemical, rock chip sampling and geological mapping campaigns have been combined with 50m spaced high resolution aeromagnetic data. This compilation highlights a broad east-west structural corridor containing gold anomalism over a strike length of several kilometres with the potential to host gold deposits. The Goodbody gold anomaly remains open to the west. On a number of the sampling lines, soil samples were assayed for base metals only and not for gold. Sample pulps of this phase of previously completed sampling have been delivered to the laboratory for gold analysis. Further exploration comprising infill soil geochemical sampling at Goodbody will commence in the June Quarter. Aircore drilling of this compelling gold target is also proposed, once site relevant access approvals are in place. Annuncio • Feb 07
Dalaroo Metals Ltd Announces Maiden Aircore Drilling Commences at Cattady Namban Project Dalaroo Metals Ltd. announced the commencement of its maiden aircore drilling programme at the Cattady Anomaly, at its Namban Project located ~ 150km north-northeast of Perth and adjacent to the regional centre of Moora in Western Australia. Dalaroo's AC drilling programme is being undertaken to test areas of Pd and Au anomalism at Cattady. The Cattady Anomaly comprises two parallel platinum-group element (PGE)*zones with values of up to 97ppb Pd+Pt, 28ppb Au and peak anomalous values of 642 ppm Nickel (Ni) and 226 ppm Copper (Cu) outlined over a 1km strike length. This emerging anomaly remains open along strike to the north, south and west with geochemical sampling completed over an area of only 1.5km X 1.0km. In addition, to testing defined geochemical anomalies, the drilling programme will aim to obtain an understanding of the regolith profile and provide key geological constraints on the rock units that underlie the strong Pd and Au anomalism. The processed AC results will be utilised to optimise the locations of a proposed Reverse Circulation drilling programme. Ground electromagnetics and or induced polarisation geophysical programmes are also proposed. Annuncio • Jan 28
Dalaroo Metals Ltd Reports Further Encouraging Results from Its Ongoing Geochemical Sampling Programmes At the Namban Project Dalaroo Metals Ltd. reported further encouraging results from its ongoing geochemical sampling programmes at the Namban Project located 150km north-northeast of Perth and adjacent the regional centre of Moora in Western Australia. The growing significance of the Cattady PGE-Ni-Cu Anomaly has been bolstered by geochemical sample results received from systematic 50m X 50m sampling over the main eastern part of the anomaly. The main Pd anomaly with a peak value of 82ppb has been defined over a strike length of 700m and a width of 150m and remains open to the north. Encouragingly, the infill 50m X 50m sampling has also outlined a high order Au anomaly adjoining to the south-west the Pd anomaly, over a strike length of 330m with a peak value of 28ppb. The Au anomaly remains open to the west. In addition, at the southern limit of the geochemical sampling completed at Cattady, an anomalous Au value of 18ppb has been recorded, suggesting the Cattady anomaly extends further to the south. At Cattady multi-element (Ni, Cu and Fe) responses appear to broadly reflect both lithology and regolith. A north-south trending magnetic high appears anomalous in a number of elements, while there is a suggestion of an NNE trending cross structure, which is anomalous in Pd, where it intersects the north-south magnetic high. It is suspected this north-south high may reflect a mafic or ultramafic rocks. Manning is located a distance of 7.5km to the south of Cattady and lies adjacent Minerals 260's Mallory PGE-Au anomaly. First pass geochemical sampling by Dalaroo, spaced on an approximate 200m X 100m pattern, has defined an area of Au and Pd anomalism. The Au anomaly has a peak value of 224 ppb and covers an area of 1.5km X 0.75km and lies on the eastern boundary of the Namban Project tenement E70/4928. The Pd anomaly with a peak value of 12ppb is located to the west over an area of 250m X 600m and is coincident with Cu, Ni and Chromium (Cr) anomalies. At Manning, anomalous multi-element responses appear to be associated with a NNW trending magnetic feature and surrounding a small magnetic high. The Pd response is slightly offset to the north-east. High Fe concentrations are associated with a Th radiometric high, confirming the surface materials are more ferruginous, suggestive of mafic-ultramafic rocks at depth. Annuncio • Dec 15
Dalaroo Metals Ltd Announces Successful Completion of Rc Drilling Program At Lyons River Dalaroo Metals Ltd. provided an update on exploration activities at Lyons River Project in Western Australia where its program of RC drilling has been successfully completed at the Four Corners prospect (Figure 1 and 2). Lyons River comprises a strategic (100% owned) land position of 703 km2 within the Proterozoic Mutherbukin Zone of the Gascoyne Province. A total of eight RC drill holes for 1,989 metres holes ranging in depth from 219 to 287 metres have been completed (Figure 1). The RC drill program at the Four Corners prospect was designed to test several base metal targets and obtain greater understanding of the metamorphosed stratabound sequence of pyritic psammitic and pelitic rocks and corresponding anomalous Pb-Zn geochemistry. Multi-element assay results for 4m composite samples are expected to available in the March quarter 2022. The Four Corners prospect is one of six regional Pb-Zn soil geochemical prospects identified at Lyons River within a Proterozoic basin setting covering an area of 30 km by 10 km (Figure 2). Exploration activities planned for the Lyons River Project include: An assessment of gravity survey data for the Four Corners and Browns prospect and integration with the IP, magnetics and geochemistry is well underway. Targets generated will be drill tested early in June quarter 2022 following passing of the cyclone season. A specialist geophysical contractor engaged to conduct surface IP and radial/downhole IP survey has now pushed back to the March quarter 2022 due to unprecedented demand for their services. The IP anomaly NE and SE zones remain open to the east, IP survey lines will be extended further to the east to determine the eventual size of the currently defined 2.5km strike ength anomaly. Heritage surveys are being planned for the drill testing of the Browns prospect and other regional prospects/targets. Annuncio • Dec 08
Dalaroo Metals Ltd Reports Encouraging Results from its Initial Wide-Spaced, First Pass Geochemical Sampling Programme at Namban Project, WA Dalaroo Metals Ltd. reported encouraging results from its initial wide-spaced, first pass geochemical sampling programme from its Namban Project located 150km north-northeast of Perth and adjacent to the regional centre of Moora in Western Australia. The auger geochemical sampling programme totalled 81 samples covering an area of 1.0km by 1.5km. No modern systematic exploration has been undertaken over this area of the Archaean age Jimperding Metamporhic Belt prior to this very recent work by the company. The Cattady PGE-Ni-Cu Anomaly is defined by sample spacing of 200 X 100m. Multi-element assays have delineated the Cattady anomaly covering an area of 1.0 X 0.25km with a peak Pd value of up to 82ppb associated with anomalous Pt values of up to 15 ppb for combined PGE value of 97ppb. Surrounding the geochemical anomaly the Pd and Pt values are complemented by values of up to 642ppm Ni and 226ppm Cu. Upcoming Exploration Milestones: Infill sampling on a 50 X 50m grid over the Cattady PGE-Ni-Cu anomaly has commenced in December 2021. With the grain harvest nearing completion over the Namban Project area, large areas will now become available for a systematic geochemical sampling programme. Priority sampling will test the north-south strike extent of the Cattady PGE-Ni-Cu anomalous zone. First pass geochemical sampling of additional targets generated from the recent detailed UAV airborne magnetic surveys will follow in early January, 2022. Board Change • Sep 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Chairman David Quinlivan was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Sep 24
Dalaroo Metals Ltd has completed an IPO in the amount of AUD 5 million. Dalaroo Metals Ltd has completed an IPO in the amount of AUD 5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012