Business · Energy & Commodities · 12 hrs ago

Dalaroo finds gold at a second prospect in Côte d’Ivoire

Dalaroo finds gold at a second prospect in Côte d’Ivoire

Australian company Dalaroo Metals found gold at its Wilfred prospect in Côte d’Ivoire, West Africa.

Drilling intersected 13 metres of mineralisation grading 2.67 grams of gold per tonne, starting 87 metres below the surface.

Wilfred is 1.25 kilometres from the Fournier discovery, where earlier drilling also found gold.

The two prospects lie along the Bondoukou Gold Ridge, a 40-kilometre regional structure that has seen little modern exploration.

Gold has now been found at two widely separated locations, but Dalaroo says it has not yet established that the mineralisation connects between them.

If further work confirms a continuous deposit, it could point to a larger gold system, but that remains unproven.

Dalaroo plans 1,750 metres of diamond drilling and is preparing an induced-polarisation survey to guide exploration.

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What people are saying

John MorganDalaroo Metals managing director
The intersection of a new zone of significant gold mineralisation at the Wilfred Prospect, 1.25km from the Fournier discovery hole, is an excellent result and strongly supports our view that a large mineralised system is present at Bondoukou.
via SMH
We are very encouraged by the fact that the results from the first two prospects drilled at the Bondoukou Gold Ridge have both delivered significant gold intercepts from our maiden drilling program.
via SMH