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Dalaroo Metals Ltd. ( (AU:DAL) ) has issued an update.
Dalaroo Metals has completed the acquisition of a 100% interest in the Blue Lagoon Project in south-west Greenland, securing full ownership and operational control of exploration licence MEL 2022-07 in the Gardar Alkaline Province, a globally recognised belt prospective for zirconium, niobium and rare earth elements. The company views Blue Lagoon as a geologically compelling, under-explored critical minerals opportunity with near-surface, bulk-tonnage heavy-mineral style targets that may offer mining and processing advantages, and has already conducted a maiden reconnaissance program with sampling and mapping to validate historical data, marking a strategic expansion of its critical minerals portfolio to support demand from high-tech, renewable energy and defence sectors.
The most recent analyst rating on (AU:DAL) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Dalaroo Metals Ltd. stock, see the AU:DAL Stock Forecast page.
More about Dalaroo Metals Ltd.
Dalaroo Metals Limited is an exploration-focused resources company listed on the ASX that targets critical minerals such as zirconium, niobium and rare earth elements. Its projects are positioned in geologically prospective regions, with a focus on building a portfolio aligned to the growing demand from advanced manufacturing, electrification, renewable energy and defence-related industries.
Average Trading Volume: 448,227
Technical Sentiment Signal: Buy
See more insights into DAL stock on TipRanks’ Stock Analysis page.