Dalaroo Metals
(ASX:DAL)

Critical minerals explorer Dalaroo Metals (ASX:DAL) is building a strong green tech metals position in the Gascoyne region in Western Australia.

The Gascoyne Province is emerging as a green tech metals hotspot for rare earths and lithium as increasing consumer expectations are driving the transition to renewable energy at a faster pace than previously forecast.

This is driving up prices as global power shifts cause customers of rare earths and lithium in Asia, Europe and the USA to seek alternative supply chain sources outside of China.

These green tech metals are essential components in wind turbines, electric vehicles and high-tech military applications.

“We’ve got the right commodities, in the right location with the right team,” Managing director Harjinder Kehal said.

As demand for green tech metals takes off, Dalaroo has an extensive land position of nearly 1,200 km2 in new and emerging green metals exploration hotspots, such as the Gascoyne and Wheatbelt.

“As exploration in this hotspot intensifies, draw your own conclusions about market cap and where value will be added,” Mr Kehal said.

Dalaroo’s Lyons River in the Gascoyne and Namban in the Wheatbelt of Western Australia are located in prime green tech minerals exploration hot spots.

Lyons River Project: REE, Li, Au and Pb-Zn-Ag

Lyons River is a strategic (100% owned) land position of 741 km² within the Proterozoic Mutherbukin Zone of the Gascoyne Province, located 220km north-east of Carnarvon with green tech minerals potential.

Namban Project: Ni-Cu-PGE-Au 

Namban is an extensive unexplored ground package (437 km²), located in the mid-north wheatbelt, ~150km north-northeast of Perth, adjacent to the regional centre of Moora in Western Australia. The project is prospective for magmatic intrusion related Ni-Cu-PGE (platinum group metals) deposits in the newly defined Yilgarn Ni-Cu Province. The project tenements cover a strike distance of 60km, adjacent to the crustal-scale Darling Fault, on the western margin of the Archaean Yilgarn Craton.

A strong leadership team with management expertise which spans grassroots exploration, resource definition, project development, operations, capital raising and corporate governance.