InvestSMART

Discovery Alaska Limited (ASX:DAF)

ALERT: Price-sensitive ASX Announcement for DAF
Current share price for DAF : $0.010 -0.008 (-44.44%)+
Announcement
Release
7 Apr 2026 8:30AM
Price at Release
$0.018
Full Release
download
Summary
Discovery Alaska Limited announced the expansion of its landholdings at the Boulder Creek Gold-Silver Project in Idaho, USA. The company has staked an additional 20 claims, expanding the project area to approximately 807 hectares. The new claims, covering 167.2 hectares, extend the prospective strike extensions of geological structures beyond the existing Idaho State Lease. The project is known for its epithermal high-grade vein-hosted gold-silver and disseminated gold-silver potential. Historical drilling by Nerco, Inc. in the mid-1980s highlighted the area's promise. The company is now planning further exploration targeting the historical anomalous gold and silver areas, aiming to enhance shareholder value.
Key Points
  • 20 additional claims staked at Boulder Creek Project.
  • Project area increased to ~807 hectares.
  • Prospective for epithermal high-grade vein-hosted gold-silver.
  • Historical drilling by Nerco, Inc. in the 1980s.
  • Targeting historical anomalous gold-silver areas.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.