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Dalaroo Metals Ltd (ASX:DAL)

ALERT: Price-sensitive ASX Announcement for DAL
Current share price for DAL : $0.072 0 (0%)+
Announcement
Release
17 Aug 2026 8:25AM
Price at Release
$0.072
Full Release
download
Summary
Dalaroo Metals Ltd has completed Stage 1 of its systematic soil sampling program at the Watheroo Cu-Ni-PGE prospect in Western Australia, resulting in an expansion of the copper-in-soil geochemical response by approximately 2 km². The program recorded peak values of 284 ppm copper and 176 ppm nickel, aligning with mapped mafic-ultramafic lithologies and magnetic features, supporting the company's interpreted intrusive model. The next phase, Stage 2, will include an additional 360 soil samples to refine the geochemical response and aid in potential drill targeting. The exploration at Watheroo is centered on a large magnetic feature with potential for Julimar-style magmatic Cu-Ni-PGE mineralization.
Key Points
  • Stage 1 soil sampling completed at Watheroo Cu-Ni-PGE prospect.
  • Expansion of copper-in-soil geochemical response by approximately 2 km² south of the historical sampling area.
  • Peak values recorded at 284 ppm Cu and 176 ppm Ni.
  • Strong spatial association between Cu-Ni response and underlying magnetic features.
  • Stage 2 sampling to include additional 360 soil samples for refinement and drill targeting.
  • Exploration target centered on a 7 km × 3 km magnetic feature.
  • Continued evaluation of a Julimar-style magmatic Cu-Ni-PGE exploration model.
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.