Business · Companies · 21 hrs ago

Dalaroo finds similar gold-bearing geology 1.25km from discovery

Dalaroo finds similar gold-bearing geology 1.25km from discovery

Dalaroo Metals is exploring for gold at its Bondoukou project in Côte d’Ivoire.

A new drillhole found a 34-metre zone of altered rock and quartz veining, starting 62 metres below the surface.

The hole is 1.25 kilometres from an earlier discovery, where drilling found 18 metres grading 7.31 grams of gold per tonne.

Dalaroo says the rocks in the new hole look similar to those in the discovery hole, but visual signs alone cannot confirm how much gold is present.

Samples from the new hole are being tested, with results expected before the end of October.

The company has completed 10 of 24 planned initial drillholes at Wilfred and is preparing another hole to examine the new zone from a different angle.

It also plans follow-up diamond drilling and a survey along the wider Gold Ridge corridor to help choose further drill targets.

What people are saying

Our focus is on building the geological evidence to assess the scale and continuity of the mineralisation.
John MorganDalaroo Metals chief executive officervia SMH
We are encouraged that hole has now encountered alteration, quartz-sulphide veining and a rock sequence comparable to that seen in the discovery hole.
John MorganDalaroo Metals chief executive officervia SMH

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