Dalaroo Metals appears to be onto something big at its Bondoukou gold project in Côte d’Ivoire.
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Metals → appear → d’Ivoire
Logging from a new drillhole 1.25 kilometres from its recent high-grade gold discovery has revealed a 34-metre-wide zone of alteration and quartz veining from just 62m downhole.
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Logging → reveal → veining
The company says the geology in the new hole is visually similar to the earlier discovery hole that returned a stellar 18m at 7.31 grams per tonne (g/t) gold.
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that → say → grams
The interval includes sections of stronger quartz-sulphide veining and visually estimated pyrite of up to an impressive 0.8 per cent.
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interval → include → cent
The new visual results build on a spectacular maiden drilling campaign that recently delivered the headline hit of 18m at 7.31g/t gold from 63m in just the second hole drilled.
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that → build → hole
Notably, that discovery hole also included a second, deeper zone of 16m grading 1.46g/t gold from 113m, along with an initial hole that landed a solid 23-metre intercept running 2.14g/t gold right from surface.
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that → include → surface
Samples from the new hole are in transit and have been prioritised for a fast turnaround, with results expected before the end of this month.
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results → prioritise → month
Assays for the previous holes drilled in the campaign are also at the laboratory, with results anticipated from early November.
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results → drill → November
Our focus is on building the geological evidence to assess the scale and continuity of the mineralisation.′Dalaroo
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focus → build → scale
The ongoing work forms part of Dalaroo’s maiden 24-hole, 4200-metre orientation program, the opening salvo in a much bigger 12,000-metre reverse circulation (RC) program targeting the Wilfred, Mag and Ali prospects at Bondoukou.
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work → form → Bondoukou
So far, the company has completed 10 RC holes, totalling 2252m, across its Wilfred prospect.
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company → complete → prospect
Dalaroo Metals chief executive officer John Morgan said: “Our first reported high-grade gold intersections at Wilfred established an exciting starting point for exploration at Gold Ridge.
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intersections → say → Ridge
We are encouraged that hole has now encountered alteration, quartz-sulphide veining and a rock sequence comparable to that seen in the discovery hole.
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hole → encourage → hole
The immediate priority is to establish, through laboratory assays and follow-up drilling, whether these geological features are associated with further gold mineralisation and how the system is oriented.
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system → establish → mineralisation
The new hole was drilled north-west of the company’s original discovery holes along the interpreted 7km-long Gold Ridge corridor.
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hole → drill → corridor
Both holes intersected a similar package of rocks at broadly similar depths, despite being drilled more than a kilometre apart and in opposite directions.
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holes → intersect → directions
Dalaroo believes this apparent geological link-up could strongly indicate the scale of the mineralising system it has on its hands.
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it → believe → hands
The company is certainly not standing still, with the RC rig now setting up for a scissor hole, designed to intersect the new 34-metre alteration zone at depth and at a different angle to help define its orientation.
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rig → stand → orientation
After completing work at Wilfred, the rig will move on to test the nearby Ali and Mag prospects.
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rig → complete → prospects
In parallel, a diamond drill rig is scheduled to mobilise to the project in mid-to-late October to begin follow-up work around the original high-grade discovery.
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rig → schedule → discovery
The company is also finalising plans for an induced polarisation geophysics survey along the entire 7km-long Gold Ridge corridor to help prioritise additional drill targets.
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company → finalise → targets
The Bondoukou project lies in the prolific Birimian greenstone belt, a rapidly emerging gold district just 35 kilometres from Endeavour Mining’s giant five-million-ounce Tanda-Iguela gold project.
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project → lie → project
The belt also hosts a string of other multi-million-ounce gold deposits, making it one of Africa’s most well-endowed gold regions.
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it → host → regions
While West Africa is the clear focus, Dalaroo is also advancing other projects in its portfolio.
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Dalaroo → advance → portfolio
At its Blue Lagoon project in Greenland, the company is chasing rare earths, while closer to home, an induced-polarisation survey has firmed up several compelling drill targets at its Watheroo copper-nickel-PGE project in WA.
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survey → chase → WA
After making a high-grade discovery with some of its earliest drill holes at Bondoukou, Dalaroo now has visual evidence that the system could extend for some distance.
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system → make → distance
With a bevvy of assays due in the coming weeks and a suite of exploration activities kicking off, the market will likely be watching closely to see just how big this West African gold play could be.
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play → come → activities
Is your ASX-listed company doing something interesting?
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company → list → something
The Aporia
