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Dalaroo Metals Ltd (ASX:DAL)

ALERT: Price-sensitive ASX Announcement for DAL
Current share price for DAL : $0.120 -0.005 (-4%)+
Announcement
Release
9 Oct 2026 8:49AM
Price at Release
$0.125
Full Release
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Summary
Dalaroo Metals Ltd announced a five-hole, approximately 1,250 metre follow-up drilling program at the Wilfred target within the Bondoukou Gold Ridge Project in Côte d’Ivoire to test the depth and strike extensions of the high-grade gold discovery in hole BDRC002, which returned 18 metres at 7.31 g/t Au from 63 metres and a second interval of 16 metres at 1.46 g/t Au from 113 metres, while BDRC001 returned 23 metres at 2.14 g/t Au from surface. The program includes one steeper hole from the BDRC002 collar drilled at -70 degrees to 250 metres to test mineralisation below the original intercepts, plus two pairs of 80 metre step-out holes to the north-west and south-east drilled at -60 and -70 degrees to assess continuity, geometry and true width. Dalaroo said the high-grade interval is associated with strongly silicified volcaniclastic rock with quartz-sulphide veining and pyrite, and that understanding structural controls is a priority. The follow-up drilling will run alongside the ongoing 24-hole, approximately 4,200 metre orientation RC program across the Wilfred, Mag and Ali targets, with assays from BDRC003 and BDRC004 expected in early November 2026. To support this work, a diamond rig from Easy Drill is scheduled to mobilise in mid to late October 2026, with possible additional rigs from late November, to provide improved structural information and better drilling control.
Key Points
  • Dalaroo announced a five-hole follow-up drilling program of about 1,250 metres at the Wilfred target in the Bondoukou Gold Ridge Project, Côte d’Ivoire.
  • The program follows maiden drilling results including BDRC002 returning 18 metres at 7.31 g/t Au from 63 metres and 16 metres at 1.46 g/t Au from 113 metres.
  • BDRC001 previously returned 23 metres at 2.14 g/t Au from surface.
  • One follow-up hole will be drilled from the BDRC002 collar at a steeper -70 degree dip to 250 metres to test below the known high-grade zone.
  • Two pairs of step-out holes are planned about 80 metres north-west and 80 metres south-east of BDRC002, with holes at -60 and -70 degrees on each section.
  • The aim is to determine the mineralisation’s depth extent, strike continuity, orientation and true width.
  • The high-grade zone is linked to strongly silicified volcaniclastic rock with quartz-sulphide veining and pyrite.
  • Dalaroo will mobilise a diamond rig from Easy Drill in mid to late October 2026, with potential for more rigs from late November 2026.
  • Diamond drilling is intended to improve understanding of structural controls on gold mineralisation and provide better control of drilling angles.
  • The follow-up program will run alongside the ongoing 24-hole, approximately 4,200 metre orientation RC drilling program across the Wilfred, Mag and Ali targets.
  • As at 3 October 2026, nine RC holes for 1,750 metres had been completed, with BDRC010 in progress.
  • Assay results for BDRC003 and BDRC004 are expected in early November 2026, subject to laboratory turnaround and QA/QC review.
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.