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Discovery Alaska Limited (ASX:DAF)

ALERT: Price-sensitive ASX Announcement for DAF
Current share price for DAF : $0.010 -0.002 (-16.67%)+
Announcement
Release
23 Jun 2026 8:10AM
Price at Release
$0.012
Full Release
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Summary
Discovery Alaska Limited is advancing the planning of its drilling program for the Boulder Creek Gold-Silver Project in Idaho, USA. The company is collaborating with Idaho-based geological consultants to secure the necessary approvals, equipment, and access roads for the drill operations scheduled for the summer. This initiative follows positive rock sample results and the evaluation of historical drill sites with identified potential by Nerco Inc. in the 1980s. The project area holds promise for epithermal high-grade gold-silver mineralization, reinforcing Discovery Alaska's strategic focus on this prospective mining region.
Key Points
  • Discovery Alaska Limited is progressing with drill program planning for the Boulder Creek Gold-Silver Project.
  • The company is working with Idaho-based geological consultants to prepare for the drilling program.
  • Historical drilling by Nerco Inc. in the 1980s identified zones with potential, which will be targeted for testing.
  • Recent rock sample results have been positive, supporting the decision to proceed.
  • Site visits confirmed that access roads and historic drill pads are in good condition for use.
  • The project is located in Idaho, USA, near the historical mining town of Silver City.
  • Discovery Alaska Limited holds a 100% interest in the Boulder Creek project.
  • The project area is prospective for epithermal high-grade vein-hosted gold-silver and disseminated gold-silver deposits.
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.