Slide 1: Early Mover Advantage in new exploration frontiers
Early Mover Advantage in new exploration frontiers Gascoyne and West Yilgarn Provinces Investor Presentation May 2024 Harjinder Kehal, MD
Slide 2: Disclaimer
Disclaimer The information contained in this Presentation and all other information provided (whether in writing or otherwise) is confidential and has been prepared to assist the recipient in evaluating the business and prospects of Dalaroo Metals Ltd (”Dalaroo” or the Company). No representation, w
Slide 3: Gold and base metals Focus
Gold and base metals Focus Au, Pb-Zn-Ag+Cu and REE in the Gascoyne Province Cu-Au and Ni-Cu-PGE-Au in the new West Yilgarn Province Early Mover Highly Attractive Clear Strategy For Strong Advantage Location Value Creation Leadership Team Extensive land position of nearly Largely unexplored close Two
Slide 4: Tightly held register
Tightly held register Directors indirectly (with their shareholdings in Serena Minerals 82.75M 13M A$0.021 Ordinary Shares Options (Unlisted) Share Price & Shenton Resources) and directly (close 3 May 2024) hold a total of 14 % in Dalaroo. Directors and management A$1.74M $0.46M nil incentivised thr
Slide 5: Experienced Leadership
Experienced Leadership David Quinlivan Mining Engineer with +30 years experience, including 11 years WMC Resources, Former CEO of Sons of Gwalia, COO Mount Gibson Iron, President/CEO of AlacerGold Corp, Chairman Churchill Mining PLC and MD of Ora Non-Executive Chairman Banda Mining. Currently Chairm
Slide 6: Location, Location, Location
Location, Location, Location Gascoyne New Frontier Province: Strategic land position of 834 km2 in an emerging multi-commodity hotspot. Namban: Extensive unexplored ground package of 437 km2 located in the mid- north wheatbelt, prospective for Cu-Au and magmatic intrusion related Cu-Ni-PGE-Au (Plati
Slide 7: Gascoyne New Frontier Province
Gascoyne New Frontier Province Underexplored province (~1000km X 500km) Yielding new rare earth, lithium and gold deposits Neighbouring explorers Yangibana REE Project in construction. Mineral Reserve of 20.9 Mt @ 0.90% TREO and 0.33% Nd2O3 + Pr6O11 with a 17 year mine life Yin and Sabre (Y3) REE di
Slide 8: Gascoyne New Frontier Province
Gascoyne New Frontier Province Building multi-commodity prospects 834km2 in seven granted Exploration Licences – 100% Dalaroo. Highly competitive region with significant recent REE and Li discoveries and projects under construction. Dalaroo has at least six high priority projects that have the poten
Slide 9: Lyons River Gold prospects
Lyons River Gold prospects Potential 30km gold corridor identified • Several prospects identified from systematic geochemical and rock chip sampling. o Goodbody – maiden drill program completed o Turbo Well o Alpha o Eastern Au Target DALAROO METALS MAY 2024 INVESTOR PRESENTATION 9
Slide 10: Lyons River - Goodbody Gold
Lyons River - Goodbody Gold Gold anomalism defined over a 6km strike length in late 2022/2023 • Systematic soil sampling at Goodbody prospect has outlined Au-anomalous soil footprint to 6km strike length during the 2022/2023 field seasons. • Gold grades of up to 6.25 g/t Au from rock chip sampling.
Slide 11: Lyons River - Goodbody Gold West
Lyons River - Goodbody Gold West Gold System Discovery • Assays from DAL’s maiden air-core drill program testing gold-bearing, outcropping quartz veins has outlined gold mineralisation at the Goodbody West over a strike length of at least 200m including: o LRAC047: 5m @ 0.85g/t Au from 9m including
Slide 12: Lyons River - Goodbody Gold West: EIS drilling grant
Lyons River - Goodbody Gold West EIS co-funded drilling grant awarded (2024) • Exploration Incentive Scheme (“EIS”) grant of $100,000 awarded by Western Australian Government to co-fund maiden diamond drill program at the new Goodbody gold discovery system • Four diamond drill hole program for 700m
Slide 13: Lyons River Base metal Opportunities
Lyons River Base metal Opportunities Multiple base metals prospects outlined with potential to host economic lead-zinc-silver *BHT deposits Browns • 3km long x 2km wide lead-zinc-silver BHT target with high-grade surface rock chips of 39.6% Pb, 0.71% Zn and 82g/t Ag. • Significant Pb-Zn-Ag sulphide
Slide 14: Lyons River – BHT Pb-Zn-Ag
Lyons River – BHT Pb-Zn-Ag “Sweet Spot” Location for *BHTs • Geoscience Australia study1 using surface wave Lyons tomography shows 85% of River world’s sediment hosted base Project metal deposits occur within 200km of the edges of thick lithosphere. • The Australian model shows striking correlation
Slide 15: Lyons River - Browns Pb-Zn-Ag + Cu
Lyons River - Browns Pb-Zn-Ag + Cu Browns, a compelling 3km X 2km size lead-zinc-silver BHT target with copper • Two phases of targeted AC drilling completed at Browns during second half of 2022 (36 holes for 2,369 metres). • High grade gossanous Pb-Zn-Ag results (up to 39.6% Pb, up to 0.71% Zn and
Slide 16: Lyons River Browns Pb-Zn-Ag + Cu
Lyons River Browns Pb-Zn-Ag + Cu EIS diamond drilling underway (May 2024) at Browns lead- zinc-silver BHT target • Diamond drilling program underway at the Browns prospect to test very significant 3km X 2km size Pb-Zn-Ag, Broken Hill type zone. • Four deep diamond drill holes will test below highly
Slide 17: Lyons River - Four Corners another Pb-Zn-Ag + Cu prospect
Lyons River - Four Corners another Pb-Zn-Ag + Cu prospect Diamond & RC drilling has verified BHT mineralisation • Significant silver intercepts coincident with lead zinc assays verify BHT/*SEDEX setting model. • Diamond hole LRDD003 with a higher-grade intersection of 0.2m of 3.05% Pb, 1.37% Zn and
Slide 18: Namban Cu-Ni-PGE potential
Namban Cu-Ni-PGE potential Highly Prospective Location 437 km2 – 100% Dalaroo • Major tenement pegging activity since April 2020 and increased levels of exploration now underway in this new Cu-Ni- PGE prospective West Yilgarn Ni-Cu Province. • Nearby exploration companies include: Julimar discovery
Slide 19: High Value Cu-Ni-PGE
High Value Cu-Ni- PGE Two Cu-Ni-PGE + Au prospects • Prospective for magmatic intrusion related Cu-Ni-PGE “Julimar type deposits” in the Jimperding Metamorphic Terrane – West Yilgarn Ni-Cu-PGE Province in the mid-north wheat belt. • Tenements cover a strike distance of 60km, adjacent to the crustal
Slide 20: Namban - Maiden Drill Testing Complete
Namban - Maiden Drill Testing Complete Copper and gold mineralisation intersected • Maiden diamond drilling program at the Manning Prospect has intersected copper sulphide mineralisation and gold mineralisation west of Minerals 260’s Moora Project along strike of the Mt Yule Trend. • Drilling furthe
Slide 21: Lyons River – REE potential
Lyons River – REE potential Green Tech Gascoyne Rare Earths Success Pathway • Two significant Rare Earth Element (REE) anomalies outlined at View Hill and 32 Mile Well prospects in the Gascoyne region of Western Australia. • REE anomalism at View Hill with peak value of 1043 ppm TREO (Total Rare Ear
Slide 22: Why Invest In Dalaroo?
Why Invest In Dalaroo? Right Commodities Dalaroo is targeting gold, base metals and green tech metals that are forecast to have increasing demand. Right Location Dalaroo’s projects are in well endowed mineral provinces that have the potential to host significant deposits. Right Team Dalaroo’s Board
Slide 23: Investor Presentation May 2024 Harjinder Kehal, MD
T: 08 6380 9675 M: +61 400 044 890 E: hkehal@dalaroometals.com.au Investor Presentation May 2024 Harjinder Kehal, MD
Slide 24: Competent Persons Statement
Competent Persons Statement The information in this announcement that relates to Exploration results is based on information compiled by Dalaroo and reviewed by Mr Harjinder Kehal who is the Managing Director of the Company and is a Registered Practicing Geologist and Member of the AusIMM and AIG. M