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Murray Ward
Dalaroo Metals is taking a fresh look at the critical minerals potential of south-west Greenland, moving beyond the shoreline to test whether the ocean floor holds a massive accumulation of rare earths and heavy minerals.
The company has expanded its Blue Lagoon project footprint by securing additional highly prospective licence areas that cover nearshore and offshore environments adjacent to its existing tenure.
Dalaroo plans to target coastal and shallow marine sedimentary environments, built on a geological model that views the local landscape as a giant natural sluice box.
The company says the constant weathering of upstream alkaline and granitic rocks is releasing valuable minerals, such as zirconium, niobium, hafnium and other rare earth elements downstream.
โThis positions Dalaroo to assess what could represent a significantly larger sediment-hosted critical minerals system.โ
Dalaroo Mining chief executive officer John Morgan
The dense minerals are then carried by rain and runoff through natural drainage channels, passing through the primary lagoon and eventually being deposited in the sea.
The company believes the fresh licence areas may be potential accumulators of heavy minerals. Dalarooโs theory suggests that as the energy of flowing water decreases, dense minerals settle into natural traps on the sea floor.
The new licences will allow Dalaroo to evaluate what it believes could potentially be a district-scale, sediment-hosted critical minerals system.
Dalaroo Mining chief executive officer John Morgan said: โExpanding the Blue Lagoon project is a logical step in testing the broader scale potential of this emerging system.โ
Itโs looks a savvy move by the company to secure areas covering extensions of already outlined key drainage pathways and coastal seabed trap zones, which could add fresh district scale potential.
For Dalaroo, the next logical step is to test its model by chasing the critical minerals trail it has already identified across its onshore holdings.
Whilst its Arctic exploration is currently stealing the spotlight, Dalaroo is far from a one-trick pony. The company has been rapidly evolving from its Western Australian roots into a geographically diversified multi-commodity explorer.
In Cรดte dโIvoire, the company is putting its foot down on gold projects within the world-class Birimian Greenstone Belt. Early-stage work there has already hit the mark, uncovering a series of significant mineralised trends that highlight the regionโs golden potential.
Back on home soil, Dalaroo is keeping boots on the ground. At its Namban project in Western Australiaโs wheatbelt, the company is chasing nickel-copper-platinum group elements. Namban is 80 kilometres north of Chalice Miningโs giant 30-million-ounce palladium equivalent Julimar discovery and sits in the same geological setting.
At the companyโs Lyons River project in the Gascoyne, Dalaroo is hunting a diverse mineral bounty across its 838-square-kilometre holding, with gold leading the charge.
Next steps for Dalaroo are all about getting a better look at what lies beneath the waves at Blue Lagoon. The company says itโs preparing a suite of low-impact exploration toolkits, including bathymetric and depth profiling surveys alongside geochemical sampling.
Notably, the company plans to use Van Veen grab sampling, a method that uses a mechanical โclamshellโ device lowered from a vessel to collect undisturbed surface sediment samples from the seabed. The recovered samples will then be analysed, allowing the company to determine the potential size and continuity of the system.
Itโs a clever bit of geological detective work from the Dalaroo. By following the trail of minerals from the source rocks right down to the beach and beyond, the company looks set to be opening a whole new exploration frontier at Blue Lagoon.
With the companyโs other projects percolating nicely in West Africa and Australia, Dalarooโs exploration engine is now well and truly purring.
Punters are likely to be keeping a close eye out for the all-important grab samples to land
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au
