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Daly Resources Limited (ASX:DLY)

ALERT: Price-sensitive ASX Announcement for DLY
Current share price for DLY : $0.150 -0.05 (-25%)+
Announcement
Release
15 Jul 2026 8:18AM
Price at Release
$0.200
Full Release
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Summary
Daly Resources Limited provides an update on its exploration activities at the Huckitta Fluorite Project in the Northern Territory. The company has undertaken geological mapping and rock-chip sampling, identifying additional vein structures beyond previously known fluorite occurrences. Selected samples have been fast-tracked for laboratory analysis. A trial soil sampling program was conducted to explore the potential of soil geochemistry in detecting vein extensions beneath the surface. Furthermore, an airborne magnetic and radiometric survey has been completed, the results of which, along with laboratory assays, are expected to inform the next phase of exploration. The company emphasizes that these early observations will aid in refining future exploration plans and looks forward to integrating the new data to enhance geological targeting.
Key Points
  • Geological mapping and rock-chip sampling underway at Huckitta Fluorite Project.
  • Additional vein structures identified for follow-up assessment.
  • Samples fast-tracked for laboratory analysis.
  • Trial soil sampling lines completed to detect vein extensions.
  • Airborne magnetic and radiometric survey completed.
  • Results to guide the next exploration phase are expected soon.
  • Early observations improve understanding and future exploration planning.
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.