Three ASX Resource Companies Report Major Drilling Discoveries

Dalaroo Metals Ltd, Power Minerals Ltd, and Midas Minerals Ltd reported significant drilling results this week across three different continents. The ASX-listed junior resource companies identified high-grade deposits of gold, rare earths, and copper-silver during active exploration campaigns.

Dalaroo Metals Ltd discovered a high-grade gold system at its Bondoukou project in Côte d’Ivoire, recording 18 metres at 7.31g/t gold from 63 metres downhole and 23 metres at 2.14g/t gold from the surface. In Brazil, Power Minerals Ltd reported a massive rare earths intersection at its Morro do Ferro project, where a diamond hole returned 119 metres at 4.94 per cent total rare earth oxides from the surface.

Midas Minerals Ltd expanded the known limits of its Otavi copper-silver project in Namibia, intercepting 22.6 metres at 4.67 per cent copper and 70.9g/t silver from 347.5 metres. All three companies are continuing their drilling campaigns to further define the extent of these deposits.