Danakali expects assays on four projects by August
National Stock Exchange of Australia-listed Danakali has completed field reconnaissance and soil sampling across four of its projects in the Gascoyne and Murchison regions, with additional sampling programmes scheduled at the Orson and Jonas projects to further evaluate exploration potential.
The company expects to have assay results in August.
In the meantime, Danakali published an updated map of its Gascoyne tenement holdings that highlights the strategic location of the company's projects relative to significant regional exploration and development activities.
Notably, Danakali's tenure is close to the Glenburgh project where Benz Mining has an exploration target of between ten- and 12-million ounces.
The company believes the continued emergence of encouraging exploration results throughout the district reinforces the prospectivity of the broader Gascoyne region and supports Danakali's systematic exploration strategy across its tenement portfolio.
The planned programme for Orson and Jonas, subject to weather conditions, will focus on follow-up geological mapping and additional soil and rock chip sampling designed to further evaluate the prospectivity of these targets and refine future exploration activities.
Danakali is exploring for gold, copper, zinc, nickel, cobalt, and rare earth elements across its Australian portfolio.
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