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DALAROO METALS LTD — AGM Information 2021
Dec 7, 2021
64756_rns_2021-12-07_659f5a3c-5736-47aa-8a12-f7473720212d.pdf
AGM Information
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DALAROO METALS – AGM PRESENTATION
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ADVANCED EXPLORATION INTO NEW MAFIC NICKEL-COPPER-PGE & BROKEN HILL TYPE PROVINCES IN WESTERN AUSTRALIA
AGM PRESENTATION, 8 DECEMBER 2021
DALAROO METALS – AGM PRESENTATION
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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, warranty or undertaking, express or implied, is made and no responsibility is accepted by Dalaroo as to the accuracy, currency or completeness of any part of this Presentation or any further information supplied by or on behalf of Dalaroo in connection with Dalaroo.
Nothing contained in this Presentation or any other written or oral communication transmitted or made available to the recipient is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any technical or financial information set out in this document. Recipients must make their own investigations and inquiries regarding all assumptions, risks, uncertainties and contingencies which may affect the future operations of Dalaroo.
Dalaroo does not accept liability for any loss or damage suffered or incurred by the recipient or any other person however caused (including negligence) relating in any way to this Presentation, including, without limitation, the information contained in it, any errors or omissions however caused, or the recipient or any other person placing any reliance on this Presentation, its accuracy, completeness, currency or reliability.
Dalaroo does not accept any responsibility to inform the recipient of any matter arising or coming to its notice which may affect any matter referred to in this Presentation.
Dalaroo has not authorised any person to make any statements or representations, which are not expressly contained in this Presentation.
To the maximum extent permitted by law, any liability of Dalaroo to a recipient or to any other person arising out of this Presentation is expressly disclaimed and excluded.
Under the Corporations Act 2001, a prospectus is not required to be lodged in relation to this Offer provided you are a sophisticated or professional investor pursuant to Sections 708(8), 708(10) or 708(11) of the Corporations Act 2001.
Any offer made by this Presentation is conditional upon and is made in the belief that you and your related entities are either sophisticated investors pursuant to Sections 708(8) or 708(10) or are professional investors pursuant to Section 708(11) of the Corporations Act 2001. The making of an application for Shares will be taken as confirmation that you qualify pursuant to the excluded offer or invitation provisions of these sections.
This Presentation has not been, and will not be, lodged with the Australian Securities and Investments Commission. This Presentation is not a Prospectus nor a disclosure document for the purpose of Chapter 6D of the Corporations Act 2001.
To the extent the document is any offer made to you, it is not intended to be made in and cannot be accepted by entities in jurisdictions outside of Australia.
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DALAROO METALS – AGM PRESENTATION
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INVESTMENT ATTRIBUTES
EXPLORING NEW MAFIC NICKEL-COPPER-PGE & BHT PROVINCES IN WA
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FIRST MOVER ADVANTAGE
Namban Ni-Cu-PGE and Lyons River Pb-Zn-Cu-Ag projects occupy a large land position totalling 1,140 km[2] with the scale to host significant sized orebodies. Significant SEDEX/BHT discovery potential at Lyons River.
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CLEAR STRATEGY FOR VALUE CREATION
Two projects with multiple high quality drilling targets, that have significant potential to yield economic and world class discoveries.
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HIGHLY ATTRACTIVE LOCATION
Largely unexplored, 80km north of the Chalice Mining’s recent Julimar discovery and close proximity to road, rail and port infrastructure.
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STRONG LEADERSHIP TEAM
Management expertise that spans grassroots exploration, resource definition drilling, project development, operations, capital raising and corporate governance
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DALAROO METALS – AGM PRESENTATION
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CORPORATE OVERVIEW
Board & Management
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DAVID QUINLIVAN Chairman
ROBERT BEECK Non-Executive Director
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HARJINDER KEHAL Managing Director
DAVID PETERSON Company Secretary
ASX:DAL
A$0.135 Share Price (close 7 December 2021)
13M Options (Unlisted)
54M Ordinary Shares
$5.11M nil Cash Balance Debt (30 September 2021) (30 September 2021)
A$7.3M Market Cap
Major Shareholders
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21%
50%
21%
2%
2%
4%
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Serena Minerals Limited Shenton Resources Limited Cityscape Asset Pty Ltd Sunset Capital Management Pty Ltd Beachcove Capital Pte Ltd Others
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DALAROO METALS – AGM PRESENTATION
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HIGH QUALITY ASSETS TIER 1 JURISDICTION, WA
1. Namban Project: Mafic Ni-Cu-PGE
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Large unexplored ground package (437 km[2] ) located in the mid-north wheatbelt, prospective for magmatic intrusion related Ni-Cu-PGE (Platinum Group Metal) deposits
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New detailed drone aeromagnetic surveys completed have outlined multiple magnetic intrusions/anomalies
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The Namban Intrusive nickel targets setting are akin to the recent Chalice Mining Julimar discovery
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High-Order PGE* results outlined, Cattady PGE-Ni-Cu anomaly with PGE values of up to 97ppb defined over a 1km strike length and peak anomalous values of 642 ppm Ni and 226 ppm Cu.
2. Lyons River Project: BHT[1] /SEDEX[2] Pb-Zn-Cu-Ag
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Strategic land position of (703 km[2] ) in an emerging SEDEX/BHT (Broken Hill style) province
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Historical first pass RC and EIS diamond drilling has intersected base metal sulphides - galena, sphalerite and chalcopyrite. Diamond drilling has returned several promising anomalous lead and zinc zones with high-grade intersection of 0.2 m of 3.05% Pb, 1.37% Zn and 3g/t Ag validating a BHT/SEDEX deposit model.
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Maiden 8 hole RC drill program totalling 1,989m successfully completed.
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Five Pb-Zn soil geochemical prospects identified at Lyons River within a Proterozoic basin setting covering an area of 30 km by 10 km in addition to the Four Corners prospect
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1 BHT – Broken Hill Type ; 2 SEDEX - Sedimentary Exhalative
DALAROO METALS – AGM PRESENTATION
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1. NAMBAN PROJECT (Ni-Cu-PGE)
HIGHLY PROSPECTIVE LOCATION
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Major tenement pegging activity since April 2020 and increased levels of exploration now underway in this new Ni-Cu-PGE prospective terrane
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Ground position dominated by Chalice Mining ASX:CHN (market cap $3.215B) (Julimar)
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Other companies active nearby include:
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Minerals 260 – (market cap $117M)
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DevEx Resources (market cap $187M)
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Caspin Resources – Yarrawindah Brook (market cap $86M)
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Todd River –Berkshire Valley (market cap $44M)
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Pursuit Resources – Calingri (market cap $26M)
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Mandrake Resources – market cap $25.47m)
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Enegex – Miamoon & Miling (market cap $12M)
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Sirius Resources – Three Springs
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Location: 150 km – 250km north of Perth, WA
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Tenure: 437 km[2] tenement package (6 granted ELs)
-
• Ownership: 100% (beneficial/or controlled interest)
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DALAROO METALS – AGM PRESENTATION
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1. NAMBAN PROJECT (Ni-Cu-PGE)
SETTING SIMILAR TO JULIMAR
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100% unexplored ground package held since 2016 that’s prospective for magmatic intrusion related Ni-Cu-PGE deposits in the Jimperding Metamorhic Terrane in the midnorth wheat belt
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Three new drone aeromagnetic surveys over the Namban Project area have defined magnetic intrusions/ anomalies prospective for Ni-Cu-PGE mineralisation similar to Julimar.
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Landowner access agreements being progressed over the Namban Project tenure
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DALAROO METALS – AGM PRESENTATION
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1. NAMBAN PROJECT (Moora Area)
MULTIPLE MAGNETIC/RADIOMETRIC TARGETS AND STRONG PGE-Ni-Cu ANOMALY OUTLINED
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Tenements cover a strike distance of 60 km, adjacent to the crustal scale Darling Fault, on the western margin of the Archaean Yilgarn Craton
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Multiple targets and some with similar geophysical signatures to MI6 Mallory Anomaly outlined at Namban
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Strong PGE-Ni-Cu geochemical anomalism (Cattady anomaly) defined by initial wide-spaced geochemical sampling confirming exploration potentail
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DALAROO METALS – AGM PRESENTATION
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1. NAMBAN PROJECT (Moora Area)
HIGH-ORDER PGE* RESULTS
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Cattady PGE-Ni-Cu anomaly with PGE values of up to 97ppb and peak anomalous values of 642 ppm Ni and 226 ppm Cu defined over a 1km strike length. This emerging anomaly remains open along strike
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Follow up 50 X 50m infill and strike extension geochemical sampling underway at the newly identified Cattady anomaly.
Pd values at Cattady exceed background by 40 times Pt values at Cattady exceed background by 15 times
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DALAROO METALS – AGM PRESENTATION
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1. NAMBAN PROJECT (Moora Area)
MULTIPLE MAGNETIC AND RADIOMETRIC TARGETS OUTLINED
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Structural and coincident “radiometric lateritic” signatures evident in Dalaroo’s Moora area UAV magnetics survey results along with interpreted NW structures/trends extending from the Mallory anomaly
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Large radiometric response covering a strike length of 4km outlined in the government 200m spaced data extending into the southern part of E70/4928
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DALAROO METALS – AGM PRESENTATION
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2. LYONS RIVER PROJECT (Pb-Zn-Cu-Ag)
FIRST MOVER ADVANTAGE
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•
Location: 200 km ENE of Carnarvon, WA - in the
Paleoproterozoic Morrisey Complex
• Tenure: 703 km [2] tenement package (7 granted ELs)
• Ownership: Dalaroo Metals Ltd - 100%
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DALAROO METALS – AGM PRESENTATION
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2. LYONS RIVER PROJECT (Pb-Zn-Cu-Ag)
GEOLOGICAL SETTING – HISTORICAL EXPLORATION
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Proterozoic age folded sedimentary basin in the Mutherkin Zone, Gascoyne Province
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Anomalous Pb-Zn and Ba zones outlined from reconnaissance (BHP) and systematic geochemical sampling (Altera Resources and Serena Minerals)
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First pass shallow RC drilling in 2008 had intersected Pb, Cu and Zn sulphide mineralisation (galena, sphalerite and chalcopyrite) within a SEDEX/BHT lithological package. Grades of 2.3% Pb, 0.3% Zn, 0.9% Cu & 4g/t Ag
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Widespread occurrences of zinc rich gahnites, over the project area (outlined by GSWA and BHP stream sediment sampling)
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DALAROO METALS – AGM PRESENTATION
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2. LYONS RIVER PROJECT (Pb-Zn-Cu-Ag)
”SWEET SPOT” LOCATION FOR SEDEX/BHTs
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Geoscience Australia April 2019 study (Czarnota et al), using surface wave tomography and a parameterisation for anelasticity at seismic frequencies shows 85% of world’s sediment hosted base metal deposits occur within 200km of the edges of thick lithosphere.
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The Australian model shows striking correlation between major sediment hosted deposits and edge of thick lithosphere, defined by 170km LAB contour.
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The “Sweet spot.” The Lyons River Project is located 160km away on Australian 170km LAB* contour.
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Lyons River Project
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LAB –lithosphere-asthenosphere boundary
DALAROO METALS – AGM PRESENTATION
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2. LYONS RIVER PROJECT (Pb-Zn-Cu-Ag)
FIVE SURFACE GEOCHEMICAL TARGETS IDENTIFIED
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Browns: 2km x 1km Pb-Zn soil and rock chip anomaly (peak Pb & Zn values over 1000ppm)
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Crawfords: 3km X 2km Pb-Zn-Mn soil anomaly
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Moondyne:2km X 1km Pb-Zn soil anomaly
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McCarthy:1km X 0.5km Pb-Zn soil geochem anomaly
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Goodbody:1km X 0.5km Pb-Zn soil geochem anomaly
Pb Zn geochemical targets identified by three phases (by Serena Minerals from 2017 to 2020) of systematic soil sampling now narrowed to 250m by 100 or 50m pattern covering a 22 km long by up to 12 km basin wide prospective stratigraphy
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DALAROO METALS – AGM PRESENTATION
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2. LYONS RIVER PROJECT (Four Corners)
EIS DIAMOND DRILLING INTERSECTS SEDEX/BHT MINERALISATION
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- Diamond hole LRDD003 assays returns promising anomalous lead and zinc zones including a highergrade intersection of 0.2m of 3.05% Pb, 1.37% Zn and 3g/t Ag
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DALAROO METALS – AGM PRESENTATION
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2. LYONS RIVER PROJECT (Four Corners)
MAIDEN RC DRILLING PROGRAMME COMPLETED
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Eight holes drilled for 1,989m testing:
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Extensions to lead and zinc primary sulphide
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mineralisation intersected in recent EIS funded diamond drill hole LRDD003 (0.2m @ 3.05% Pb, 1.37% Zn and 3 g/t Ag from 223.2m) along the strike extent of the NE zone of the Induced Polarisation (IP) anomaly.
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Eastern strike extension of the lead (2.3%), copper (0.9%), zinc (0.3%) and Ag (4gt/) base metal mineralisation at the Central zone
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To obtain of the greater understanding metamorphosed
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stratabound of and sequence pyritic psammitic pelitic
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rocks and corresponding anomalous Pb-Zn geochemistry.
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Samples dispatched for multi-element analysis, with results expected in late January 2022
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DALAROO METALS – AGM PRESENTATION
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2. LYONS RIVER PROJECT
GRAVITY SURVEYS AT FOUR CORNERS & BROWNS PROSPECTS
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Gravity surveys completed at line spacing of 200m and station spacing of 50m during September quarter 2021
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• Designed to provide a better understanding of the structural framework at these prospects. Data being analysed
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DALAROO METALS – AGM PRESENTATION
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KEY ACHIEVEMENTS SINCE LISTING
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September
November 2021
2021
October 2021
ASX November 2021 Maiden RC December
Drilling 2021
Trading
Lyons
Maiden completed
River High -
magnetic at Lyons
Drilling order PGE
survey River.
Results results at
identifies Results
Namban
multiple pending
Project
targets at
Namban
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DALAROO METALS – AGM PRESENTATION
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UPCOMING NEWSFLOW 2022
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NEWS FLOW
| Project | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Namban | CROPPING SEASON - LIMITED ON GROUND ACCESS | |||
| Cattady Anomaly | Infill and extension Auger geochemical sampling. 3,000m AC drilling |
Ground EM and 2,000m RC and or diamond drilling. |
2,000m RC drilling | |
| Moora magnetic anomalies cluster | Auger geochemical sampling |
2,000m First pass AC drilling |
Ground EM and follow RC drilling | |
| Watheroo Chonolith & Longreach magnetic target |
Drone magnetic survey and Auger geochemical sampling | 2,000m First pass AC drilling |
Ground EM over defined targets |
|
| Three Springs magnetic target | Drone magnetic survey and Auger geochemical sampling |
2,000m First pass AC drilling |
||
| Lyons River | ||||
| Four Corners | CYCLONE/WET SEASON - Review of geological, geophysical, gechemical datasets collected, updated geological interpretations, planning/targeting and heritage surveys for 2022 field season |
Downhole/radial and surface IP surveys |
2,000m RC drilling | |
| Browns | 2,000m First pass AC drilling |
IP Surveys and 2,000m RC drilling | ||
| Moondyne, McCarthys and Goodbody |
Infill Soil geochemical sampling |
2,000m First pass AC drilling |
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DALAROO METALS – AGM PRESENTATION
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INVESTMENT ATTRIBUTES
EXTENSIVE LICENSES
13 exploration licences covering 1,140km[2] over both projects with the scale to host significant ore bodies
FIRST MOVER ADVANTAGE
HIGHLY PROSPECTIVE
INFRASTRUCTURE
Lyons River Promising primary base metal sulphides intersected in in EIS funded Diamond drilling with an intersection of 0.2 m of 3.05% Pb, 1.37% Zn and 3g/t Ag validating a BHT/SEDEX deposit model Namban Project (Ni-Cu-PGE) in close proximity to the Chalice Mining’s Julimar discovery. Cattady PGE-Ni-Cu anomaly with PGE values of up to 97ppb and peak anomalous values of 642 ppm Ni and 226 ppm Cu defined over a 1km strike length Namban Project – close to road, rail and port infrastructure nearby due to Wheatbelt location
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DALAROO METALS – AGM PRESENTATION
FOR FURTHER INFORMATION
Harjinder Kehal
T: 08 6380 9675
M: +61 400 044 890
E: [email protected]
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DALAROO METALS – AGM PRESENTATION
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BOARD/MANAGEMENT
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DAVID QUINLIVAN
Bapp Science, Min Eng, Grad Dip Fin Serv, Fellow AusIMM, FFINSA, MMICA
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HARJINDER KEHAL BSc (Hons), MMEC, MAIG, MAusIMM
Managing Director
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ROBERT BEECK MBA MAusIMM
Non-Executive Director
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DAVID PETERSON BA (Accounting), CPA, FGIA
Company Secretary
Chairman
Mining Engineer with +30 years experience, including 11 years WMC Resources Ltd Former CEO of Sons of Gwalia Ltd, COO Mount Gibson Iron Ltd, President/CEO of Alacer Gold Corp, Chairman Churchill Mining PLC. Currently Chairman of Silverlake Resources (ASX:SLR) and NonExecutive Director of Ora Banda Mining (ASX:OBM).
+30 years experience in precious and base metals, industrial minerals (iron ore & coal) in Australia, Chile, India and Vietnam Proven track record in project
management/evaluation, feasibility studies, joint venture negotiations and statutory reporting Discovery of a number of gold and base deposits in WA and NT (inc. 1Moz Golden Cities, Mt Morgans gold camp, 0.6Moz Tooheys Well Au deposit). Previous positions include Chief Operating Officer of AXG Mining Ltd and Executive Director/Chairman of Altera Resources Ltd. Founding shareholder/Technical Advisor to Shenton Resources Ltd’s WA potash and base metals projects. Currently also Managing Director of Serena Minerals Limited.
30 years experience in mineral processing operations management in Australia related to nickel, diamonds, gold and iron ore.
Senior roles in mine operations, feasibility studies, engineering design and construction of ore
processing/infrastructure projects. Associate Member of the AusIMM, Master of Business Administration (UWA). Experienced in grass roots gold prospecting +15 years in Western Australia. Currently General Manager of API Management.
+30 years experience as company secretary in mining/exploration industry in WA and QLD.
12 years Company Secretary with Kagara Ltd (base metals producer), 10 years Company Sec. with Forrestania Gold NL (gold producer). Currently provides company secretarial, corporate and related consultancy services to listed and publicly unlisted companies.
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DALAROO METALS – AGM PRESENTATION
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APPENDIX 1 – NAMBAN PROJECT
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DALAROO METALS – AGM PRESENTATION
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NAMBAN - WATHEROO CHONOLITH
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Significant mafic intrusion covering an area of 5 km X 2 km located at Yilgarn Craton/crustal Darling Fault boundary. Prospective for Ni-Cu chonolith type deposits recognised in 2017
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Magnetic source rocks are inferred to be close to the surface
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3D magnetic data modelling shows an overall structure which appears to be a synformal keel
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First pass reconaissance stream sediment sampling has returned Cu values of up to 80ppm
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VIEW DOWN TO EAST-
NORTHEAST OF 3D MAGNETIC
INVERSION MODEL, SHOWING
SECTION AT 403411E
LONG
SECTION
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LARGE IGNEOUS
INTRUSION, NAMBAN
GRANITE WITH
FRACTURES & DYKES
2Km
AREA TO WEST OF THIS LINE: COVER Scale
OF MAINLY NON-MAGNETIC ROCKS,
PROTEROZOIC SEDIMENTS
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CROSS
SECTION
VIEW DOWN TO NORTH OF 3D
MAGNETIC INVERSION
MODEL, SHOWING SECTION AT
6640050N
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DALAROO METALS – AGM PRESENTATION
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NAMBAN - LONGREACH
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“BULLSEYE” magnetic anomaly
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Covers an area of 1.2 km x 0.4km
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Possible mafic intrusion prospective for Ni-Cu deposits on the northern edge of Namban granite
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Largely unexplored. First pass soil sampling over some of the magnetic intrusion target will commence immediately after listing
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1km
Scale
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BE – Total Magnetic Intensity image
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DALAROO METALS – AGM PRESENTATION
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NAMBAN - THREE SPRINGS AREA
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Granted exploration licence, covers 80 square kilometres. Located approximately 250 kilometres north of Perth, within the northern Wheatbelt of Western Australia
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Geological Survey of Western Australia 1:250 000 Perenjori map sheet shows outcrops of mafic-ultramafic intrusions within Dalaroo tenement and immediate surrounding area
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Aeromagnetic TMI imagery has identified the northern extension of an intrusive body prospective for magmatic Ni-Cu-PGE mineralisation immediately adjacent to crustal scale Darling Fault, to the west
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Adjacent ground held by ASX:S2R (Three Springs Project)
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E70/5502
Magnetic Anomaly
3km
Scale
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DALAROO METALS – AGM PRESENTATION
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GAHNITE CLUSTER POSITIVE FOR BHT DEPOSITS
Gascoyne Province gahnite stream sediment sampling map
Gahnite - zinc aluminium oxide is one of the rarer members of the spinel group of minerals; presence of gahnites is interpreted as occurring distal to BHT/SEDEXs
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Gahnite
cluster
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DALAROO METALS – AGM PRESENTATION
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STRONG COMPARISON CHARACTERISTICS
Deposit Characteristics - Lyons River “vs” World class BHT / SEDEX’s
| Lyons River | Broken Hill | Mt Isa Cannington | Rampura Agucha | |
|---|---|---|---|---|
| Resource | 280 Mt@ 8.5% Zn, 10.0% Pb, 148g/t Ag, 0.14% Cu |
45 Mt@ 4.4% Zn, 11.1% Pb, 500g/t Ag, 0.1% Cu |
64 Mt@ 13.6% Zn, 1.9% Pb, 45g/t Ag |
|
| Age | Paleoproterozoic | Paleoproterozoic | Paleoproterozoic | Paleoproterozoic |
| Surface Geochem. signature |
Zn- Pb in-soilanomalism (5 discrete anomalies outlined) Zn-rich gahniteswidespread across prospective stratigraphy |
Zn-rich gahnitesdefine lateral extents of prospective stratigraphy Zn-Pb soil anomalism (though discovered by gossan prospecting in 1883) |
Zn-Pb soil anomalism (though discovered by gossan prospecting) |
Zn-Pb anomalism (though discovered by gossan prospecting, by the ancients and rediscovered in 1977) |
| Geophys. signature |
IP/Resistivity anomalism (IP high) |
Gravity anomaly (high) | Anomalous IP, susceptible to influence from chargeable stratigraphy |
IP Anomaly over the deposit |
| Sulphide minerals |
Galena, Chalcopyrite and Sphalerite (in RC and diamond drilling) |
Sphalerite, Galena, Chalcopyrite | Sphalerite, Galena, Chalcopyrite | Sphalerite & Galena |
| LAB contour distance (km) |
156 | 92 | 67 | 115 |
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DALAROO METALS – AGM PRESENTATION
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APPENDIX 3 – NAMBAN POTASH (HARD ROCK) PROJECT
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DALAROO METALS – AGM PRESENTATION
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NAMBAN PROJECT (POTASH)
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Project area located two hours north from Perth and within 2km of major road/rail corridor and regional power grid. It is adjacent the major population and service centre of Moora
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135 km[2] of granted Exploration Licences with a unique ultrapotassic rock succession - potash sourced from potash feldspar (KAlSi3O8) rocks covering strike length of 40 km over freehold agricultural land
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Potash feldspar concentrations (8-12% K2O) throughout regionally extensive, flat-lying volcanic and sedimentary rock units, vs. other small tonnage feldspar-rich pegmatites. Deposit outcrops at surface , contrasts conventional (evaporite) potash resources at 500 – 2500+m depth in North America and Eastern Europe
-
A near surface potassium rich zone outlined at Watheroo over 2km strike length by two drilling programmes with best drill intersection to date of 29m @ 8.74% K2O
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Proposing to delineate 35-40Mt JORC compliant resource to produce up to 150Ktpa sulphate of potash (SOP) production for +20 years. Testwork shows K2O extraction rates up to 87% before optimisation , from oxide and transition ores
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Location: 150 km north of Perth, WA
-
Tenure: 135 km[2] tenement package (2 granted ELs)
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• Ownership: Shenton Resources Limited 100% • Commodity: Potash (hard rock source)
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DALAROO METALS – AGM PRESENTATION
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POTASH EXPLORATION TARGET OUTLINED
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Near surface potash rich zone outlined over 2 km strike with an Exploration Target of 20 to 50 Mt at a grade range of 6% to 7% K 0 outlined. 2
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63 vertical AC & RC holes , totalling
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1,800m completed
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WA_119:
8.1% K2O
WREG_9:
8.4% K2O WA_100:
10.9% K2O
Ultrapotassic rock chip samples from Watheroo
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DALAROO METALS – AGM PRESENTATION
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POTASH DEVELOPMENT OPPORTUNITY
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Project area lies within Namban tenement package
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Potash rich zone adjacent rail & road network, HV power grids & communication networks
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Hard rock source – enabling conventional exploration and evaluation of mineral resource – permitting confident mine planning & delivery of production targets
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Low risk open pit mining methods
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Ore processing facility can be located in close proximity to mining operations
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Workforce and accommodation facilities in adjacent township
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Product domestic distribution and export outlets immediately accessible via adjacent infrastructure links, leading to the WA ports of Fremantle/Kwinana or Geraldton.
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Land access agreement in place. No Native Title (freehold). Water resources study completed
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Shenton Resources continues to investigate the development of its Mid-West Potash Project with the completion of a project concept scoping study using a leading metallurgical engineering group familiar with pyro and hydro metallurgical processes related to potash extraction.
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