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Discovery Alaska Limited (ASX:DAF)

ALERT: Price-sensitive ASX Announcement for DAF
Current share price for DAF : $0.010 0 (0%)+
Release
23 Jul 2026 8:20AM
Price at Release
$0.010
Full Release
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Summary
Discovery Alaska Limited has provided an update on their exploration activities for the June 2026 quarter. The company holds a 100% interest in the Boulder Creek Gold-Silver Project in Idaho, USA, and an option to acquire a 100% interest in Idaho State Lease E600117. Significant assay results were reported from rock samples, indicating high-grade silver and gold content. Exploration planning for an initial drilling campaign is underway with necessary preparations being carried out by their geological consultants. Financially, the company has maintained prudent management with cash reserves standing at $316,000 as of 30 June 2026. No substantive mining production and development activities occurred during the quarter.
Key Points
  • Discovery Alaska Limited holds 100% interest in Boulder Creek Project, Idaho, USA.
  • Significant high-grade silver and gold results from rock samples.
  • Exploration planning for initial drilling campaign underway.
  • Cash reserves of $316,000 as of 30 June 2026.
  • No substantive mining production and development activities during the quarter.
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.