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Daly Resources Limited (ASX:DLY)

ALERT: Price-sensitive ASX Announcement for DLY
Current share price for DLY : $0.150 -0.04 (-21.05%)+
Announcement
Release
22 Jul 2026 8:15AM
Price at Release
$0.190
Full Release
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Summary
Daly Resources Limited announced significant findings from their Huckitta Fluorite Project in Northern Territory, Australia. The project demonstrated both scale and high-grade fluorite mineralization, with extensive fluorite-bearing veins identified. Initial rock-chip samples returned high-grade results, with some reaching up to 95.1% CaFâ‚‚. Historical and recent exploration efforts have confirmed the presence of fluorite mineralization over a 700-meter strike length, potentially expanding the project area's mineralized footprint. The company's ongoing exploration includes geological mapping, rock-chip sampling, and trial soil sampling, aiming to refine geological interpretations and guide future drilling activities.
Key Points
  • Significant fluorite mineralization found at Huckitta Project.
  • Initial rock-chip samples showed high-grade results up to 95.1% CaF2.
  • Fluorite-bearing veins extend over 700-meter strike length.
  • The project aims to expand known mineralization footprint.
  • Ongoing exploration includes geological mapping and sampling.
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.