Dalaroo Metals Commences 12,000‑Meter Drilling Campaign at Bondoukou Gold Project
Dalaroo Metals Ltd. (ASX:DAL) announced the start of its first 12,000‑metre drilling program at the Bondoukou Gold Ridge project in Côte d’Ivoire. The campaign targets a 7 km corridor that has produced high‑grade surface gold anomalies in previous reconnaissance work.
Project Overview
The Bondoukou site is part of Dalaroo’s portfolio of base‑metal projects in Africa. The company aims to explore and develop these deposits for global customers. The new drilling effort is the company’s maiden exploration program at the site, following a series of surface mineral‑sounding results that suggested significant potential for gold and associated base metals.
Drilling Details
- Total depth: 12,000 metres.
- Corridor: 7 km, aligned with known high‑grade surface anomalies.
- Objective: To delineate the extent and grade of gold mineralization and assess potential base‑metal components.
Market Context
- Share price: AUD 0.07 on 1 September 2026.
- 52‑week range: AUD 0.035 to AUD 0.105.
- Market capitalisation: AUD 26.85 million.
- P/E ratio: –7.35, reflecting the company’s exploration‑stage status.
Company Position
Dalaroo Metals is listed on the ASX All Markets exchange and trades in Australian dollars. The company’s strategy focuses on exploration and mining services, with a particular emphasis on base‑metal projects for a global client base.
Recent Communications
- September 2, 2026: Company released a statement confirming the commencement of drilling at Bondoukou.
- September 3, 2026: Mining.com.au and SMH reported the start of the drilling campaign, highlighting the company’s aggressive exploration approach in Africa.
- September 3, 2026: A brief update on the program’s progress was issued on the ASX website.
The drilling program is expected to provide critical data that could advance the Bondoukou project toward a feasibility study and eventual production phase, contingent on the results of the current program.
