
- NORTH AMERICA EDITIONAustraliaNorth AmericaWorld
May 25, 2022
First mover, Dalaroo Metals Ltd (ASX: DAL, “Dalaroo” or “Company”) advises that analysis of historical multi-element geochemical data from its 100% owned 702 km2 Lyons River base metal project has identified multiple lithium anomalies where statistically elevated lithium concentrations have been observed. These lithium anomalies are supported by elevated levels of pathfinder and indicator elements including rubidium, beryllium, caesium, tantalum and tin in the underexplored Gascoyne Province of the Capricorn Orogen in Western Australia.
Highlights
- Multiple lithium anomalies outlined.
- High Priority lithium anomalies with values of up to 125ppm Li and strike lengths of up to 1.5km.
- Lithium anomalies are supported by elevated levels of pathfinder and indicator elements including rubidium, beryllium, caesium, tantalum and tin.
- Targeted 50m spaced airborne magnetic data has highlighted five granite fertile areas with potential to host lithium bearing pegmatites. Some of the granite fertile areas coincide with zones of anomalous lithium.
- Follow-up exploration to commence immediately in June.
Dalaroo’s lithium anomalies are located approximately 50 km west of the Malinda Lithium Project previously explored by Segue Resources Ltd (renamed Arrow Minerals Ltd) (ASX: AMD – See ASX announcement from 20 September 2017) with a significant drill intersection of 14m @ 1.25% Li2O.
A total of 3,700 soil geochemical samples have been collected on a 250 X 100 to 500 X 100m grid pattern over the period from 2017 to 2021 covering an area of 22km x 10 to 15km at the Lyons River Project. Soil samples have been collected over an exposed regolith domain with granite gneisses and psammites mapped by the Geological Survey of Western Australia (GSWA). A subset of 300 samples from initial areas of interest were re-assayed using a four acid digest for lithium and associated supporting elements. This data was then analysed by a specialist geochemist.
Lithium values of up to 125 ppm are seen in the four acid data showing enrichments compared to average background granites concentrations by up to six times and are supported by elevated levels of pathfinder and indicator elements including rubidium, beryllium, caesium, tantalum and tin.
The multi-element signatures of these soil anomalies are consistent with possible hard rock lithium mineralisation.
”Importantly, assessment of our 50m spaced airborne magnetic data has highlighted five granite fertile areas which have the potential to host lithium bearing pegmatites. Some of the granite fertile areas coincide with zones of anomalous lithium and this is really exciting to guide our future exploration focus,” said Dalaroo Managing Director, Harjinder Kehal.
With our focus to date being on base metals, the geochemical data over the Lyons River has not been specifically evaluated for lithium mineralisation. Geological mapping over the project has discovered numerous outcropping pegmatites in addition to those mapped by GSWA, particularly the eastern part of the Lyons River Project area.
Next Steps
“Further assessment of our lithium anomalies in conjunction with other data sets and in-field investigation by a lithium expert geologist commencing in June will determine their significance and the ability to host lithium rich pegmatites,” said Dalaroo Managing Director, Harjinder Kehal.
A program of field geological mapping and rock chip sampling of outcropping pegmatites on the high priority lithium targets generated by multi-element data review and geophysical targets.
Dalaroo will also undertake infill soil sampling programs at the various lithium targets.
Results from the field geological mapping coupled with rock chip sampling and subsequent infill soil geochemical sampling programs will guide the next phase of exploration including RC drill testing to determine the extent of Li rich pegmatites.
Click here for the full ASX Release
This article includes content from Dalaroo Metals Ltd, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
DAL:AU
The Conversation (0)
11h
Shaakichiuwaanaan Project Set to Become Second Largest Lithium Mine Globally
Canadian company PMET Resources (ASX:PMT, TSX:PMET, OTCQX:PMETF) has completed a lithium-only feasibility study on the CV5 deposit of its Shaakichiuwaanaan lithium project in Northern Quebec. The company said that the feasibility study confirms that the project is a large-scale and lifelong... Keep Reading...
22 October
Lithium Market Update: Q3 2025 in Review
Volatility punctuated the global lithium market during the third quarter of 2025, with prices, supply/demand dynamics and geopolitics converging to reshape the landscape. After slipping to a four year low at the end of June, benchmark lithium carbonate prices rallied through July to reach an 11... Keep Reading...
22 October
Argentina Lithium & Energy Corp. Announces Initial Mineral Resource Estimate at the Rincon West Lithium Project
TSX Venture Exchange (TSX-V): LITFrankfurt Stock Exchange (FSE): OAY3OTCQX Venture Market: LILIF Argentina Lithium & Energy Corp. (TSX-V: LIT, FSE: OAY3, OTCQX: LILIF), ("Argentina Lithium" or the "Company") is pleased to announce the results of the first Mineral Resource estimate ("MRE") for... Keep Reading...
21 October
Vertical Integration: The New Lithium Supply Chain Dynamic and What it Means for Investors
When the US government announced it would take a 5 percent equity stake in Vancouver-based Lithium Americas (TSX:LAC,NYSE:LAC), the move underscored a seismic shift underway in the lithium industry. This significant federal backing, tied to the company’s massive Thacker Pass project in Nevada... Keep Reading...
17 October
Successful A$4.5M Placement to Accelerate Battery, REE and Solar Panel Recycling Growth
Livium Ltd (ASX: LIT) (“Livium” or the “Company”) is pleased to announce it has received firm commitments from new and existing, institutional and sophisticated investors to raise $4.5m (“Placement”) before costs. HighlightsFirm commitments of A$4.5m received from institutional and sophisticated... Keep Reading...
15 October
7 Biggest Lithium-mining Companies in 2025
For a long time, most of the world's lithium was produced by an oligopoly of US-listed producers. However, the sector has transformed significantly in recent years.Interested investors should cast a wider net to look at global companies — in particular those listed in Australia and China, as... Keep Reading...
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






