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Daly Resources Limited (ASX:DLY)

ALERT: Price-sensitive ASX Announcement for DLY
Current share price for DLY : $0.170 0.02 (13.33%)+
Announcement
Release
18 Aug 2026 8:05AM
Price at Release
$0.150
Full Release
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Summary
Daly Resources Limited has announced new geochemical and geophysical results from their 100%-owned Huckitta Fluorite Project in the Northern Territory, Australia. The project, part of the Huckitta/Sandover fluorite corridor, shows significant scale potential with multiple fluorite prospects. Recent sampling and high-resolution magnetic imagery have revealed an expanded exploration footprint and new targets, including a 1 km-wide CaFâ‚‚-in-soil anomaly. These findings suggest that the fluorite system may extend beneath younger cover, providing a promising outlook for further exploration and potential drilling targets.
Key Points
  • Geochemical sampling and field mapping highlight potential scale of the Huckitta Fluorite Project.
  • New rock chip and soil results support expanded exploration footprint.
  • 1 km-wide CaF2-in-soil anomaly identified in area with limited fluorite outcrop.
  • High-resolution magnetic imagery improves definition of fluorite-bearing structural trends.
  • Daly Resources Limited holds 100% ownership of the Huckitta Project.
  • Continued mapping and sampling with pending results to guide future exploration.
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.