Dalaroo’s in-country team is undertaking mapping at the Bongouanoa gold project in Côte d’Ivoire.
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Dalaroo Metals (ASX:DAL) is accelerating its exploration activities at the prospective Bongouanoa gold project in Côte d’Ivoire on a range of fronts, with the company’s in-country geological team now in the field.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

Disclaimer: This content has been prepared as part of a partnership with Dalaroo Metals Ltd and is intended for informational purposes only.

Other specialists are running desktop studies to define prime drill targets, too, with Dalaroo taking major steps to prepare the asset for future drilling.

“Having our team on the ground, readying themselves to hit the ground in Bongouanoa, is an important milestone for the company and very clearly demonstrates our focus on execution,” Dalaroo’s CEO, John Morgan, said.

“The combination of extensive gold anomalism, favourable structural setting and encouraging historical drilling results provides a strong technical foundation for disciplined follow-up exploration.”

Highlight areas to follow up are being defined by data integration and the systematic fieldwork program prior to initial drilling. “We believe Bongouanoa has the potential to deliver meaningful results and generate material shareholder value as we move toward drilling,” Mr Morgan explained.

In the meantime, Dalaroo’s experienced management team is wrapping up the process to be officially grantedthe Bongouanoa mining licence. Once granted, Dalaroo will commence mobilisation planning for aircore and diamond drilling programs with an aggressive drill testing campaign the outcome.

Mr Morgan said Bongouanoa represents a near-term, drill-ready opportunity within Dalaroo’s West African portfolio, with a record of historical high-grade results and modern, systematic targeting.

That historical drilling in Côte d’Ivoire has confirmed broad zones of mineralisation and discrete high-grade gold intercepts, with mineralisation remaining open along strike and at depth across several prospects.

To date, the project has only received limited drilling; highlight results include 17 metres at 6.79 grams per tonne gold, including three metres at 34.29 g/t.

DAL has been trading at 5.8cps. 

Join the discussion: See what HotCopper users are saying about Dalaroo Metals Ltd and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here

dal by the numbers
More From The Market Online

KGL Resources jumps 25% on US$300M funding deal

KGL Resources has entered into a US$300 million PMPA to help fund construction and development of…
London

With osteo Phase 3 trial at 50% recruitment, Paradigm Bio inks partnership with University of London

Paradigm Biopharma (ASX:PAR) has this week hit two big items out the park: first of all, hitting 50% recruitment

Terra hits multiple intersections at Southwest SW6 prospect; assays now due in next ~12 weeks

Terra Metals has hit multiple intersections of massive sulphides in drilling at the Southwest SW6 prospect…
Easter bunny in a business suit analyzing stock charts, symbolizing market strategy

ASX closed for Easter long weekend. Enjoy your chocolates and the holiday break!

Yes, yes, I know you’re itching to do some serious Australian market trading today, but everyone — especially our much-loved HotCopper forum users