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Dalaroo Metals (ASX:DAL) has kicked off the Week 6 news cycle by reporting that its geotech team has now confirmed a strong zirconium-hafnium correlation on-site its Blue Lagoon project in the currently hot potential critical minerals super-province that is Denmark’s Greenland.
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Of interest to the U.S. in large part because of its critical mineral reserves, Dalaroo’s confirmation of a correlation on-site lends weight to geotech’s beliefs Blue Lagoon could be a heavy sands critical minerals play.
Using handheld XRF to help guide, the Australian company reported on Monday that the presence of zirconium at Blue Lagoon indicates there could be easily accessible shoreline mineralisation which could be easily processed using gravity separation (which depends on how you define ‘easy’).
While zirconium is associated with mineral sands, Dalaroo is hopeful that it indicates further mineralisation of commercial quantity at Blue Lagoon, also prospective for rare earth elements or REEs (of which Hafnium is included), and the critical metal niobium that put WA1 Resources (ASX:WA1) on the map.
“Heavy mineral systems globally are typically associated with shallow mining, low strip ratios and straightforward beneficiation… [creating] the potential for lower capital intensity development scenarios relative to many hard-rock critical mineral projects,” DAL chief executive officer John Morgan said.
“These results represent an important step in systematically de-risking the Blue Lagoon Project. Confirming zircon as the dominant host mineral provides confidence that heavy mineral concentrations are laterally continuous.”
Moving forward, the Aussie exploration company is preparing early-stage metwork using samples plucked from on-site ahead of further shallow drilling at Blue Lagoon, targeting key geochemical areas of interest.
Sampling programs will also be ramped up by Dalaroo soon.
DAL last traded at 6cps.
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